Insider Buying: Cobham plc (LON:COB) Insider Buys 91 Shares of Stock

Cobham plc (LON:COB) insider David Mellors purchased 91 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The shares were acquired at an average cost of GBX 164 ($2.16) per share, with a total value of £149.24 ($196.32).

David Mellors also recently made the following trade(s):

  • On Tuesday, December 10th, David Mellors acquired 94 shares of Cobham stock. The stock was bought at an average price of GBX 159 ($2.09) per share, with a total value of £149.46 ($196.61).

Shares of LON:COB traded down GBX 0.05 ($0.00) during midday trading on Thursday, reaching GBX 164.50 ($2.16). 30,759,072 shares of the company were exchanged, compared to its average volume of 9,760,000. The stock has a fifty day simple moving average of GBX 162.34 and a two-hundred day simple moving average of GBX 154.17. Cobham plc has a fifty-two week low of GBX 97.92 ($1.29) and a fifty-two week high of GBX 171.20 ($2.25). The firm has a market cap of $3.93 billion and a PE ratio of -86.58. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 43.70.

Separately, UBS Group reissued a “neutral” rating on shares of Cobham in a research note on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 141.57 ($1.86).

About Cobham

Cobham plc provides a range of technologies and services to commercial, defense, aerospace, space, and security markets in the United Kingdom, the United States, other European countries, Australia, Asia, and internationally. The company operates in four segments: Communications and Connectivity, Mission Systems, Advanced Electronic Solutions, and Aviation Services.

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Insider Buying and Selling by Quarter for Cobham (LON:COB)

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