Morses Club PLC (LON:MCL) Insider Buys £254,000 in Stock

Morses Club PLC (LON:MCL) insider Peter Ward acquired 200,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were purchased at an average cost of GBX 127 ($1.66) per share, for a total transaction of £254,000 ($331,895.99).

Peter Ward also recently made the following trade(s):

  • On Wednesday, August 14th, Peter Ward sold 200,000 shares of Morses Club stock. The shares were sold at an average price of GBX 126 ($1.65), for a total value of £252,000 ($329,282.63).

Morses Club stock traded up GBX 4.50 ($0.06) during trading hours on Friday, reaching GBX 127 ($1.66). The company had a trading volume of 58,035 shares, compared to its average volume of 65,298. The company has a debt-to-equity ratio of 19.83, a current ratio of 8.95 and a quick ratio of 8.76. The company has a 50-day moving average price of GBX 127.74 and a 200 day moving average price of GBX 152.84. The firm has a market cap of $166.31 million and a price-to-earnings ratio of 10.33. Morses Club PLC has a 12-month low of GBX 117 ($1.53) and a 12-month high of GBX 185.50 ($2.42).

MCL has been the topic of a number of research reports. FinnCap reissued a “corporate” rating on shares of Morses Club in a report on Friday, September 6th. Shore Capital reaffirmed a “hold” rating on shares of Morses Club in a research note on Wednesday, July 24th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Morses Club in a research note on Friday, September 6th.

About Morses Club

Morses Club PLC, together with its subsidiaries, provides home collected credit services in the United Kingdom. It offers small cash loans between £100 and £1000. The company offers consumer credit through a network of 98 branches and approximately 2,030 self-employed agents, as well as online channels.

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