Insider Buying: IBI Group Inc (TSE:IBG) Insider Purchases C$12,014.00 in Stock

IBI Group Inc (TSE:IBG) insider IBI Group Management Partnership purchased 2,500 shares of the business’s stock in a transaction on Friday, August 16th. The stock was acquired at an average price of C$4.81 per share, with a total value of C$12,014.00. Following the purchase, the insider now directly owns 432,846 shares in the company, valued at approximately C$2,080,084.74.

IBI Group Management Partnership also recently made the following trade(s):

  • On Monday, August 19th, IBI Group Management Partnership purchased 5,000 shares of IBI Group stock. The stock was acquired at an average price of C$5.07 per share, with a total value of C$25,336.00.

IBG opened at C$5.13 on Thursday. The firm has a 50-day simple moving average of C$5.08 and a two-hundred day simple moving average of C$4.91. IBI Group Inc has a 52 week low of C$3.67 and a 52 week high of C$5.62. The company has a market capitalization of $160.18 million and a PE ratio of 10.71. The company has a quick ratio of 2.18, a current ratio of 2.34 and a debt-to-equity ratio of 437.20.

A number of equities research analysts have issued reports on IBG shares. TD Securities increased their price target on IBI Group from C$6.00 to C$6.50 and gave the stock a “buy” rating in a research note on Tuesday, May 14th. National Bank Financial increased their price objective on shares of IBI Group from C$7.50 to C$8.00 and gave the company an “outperform” rating in a report on Monday, August 12th. Finally, Raymond James reissued an “outperform” rating and set a C$7.50 price objective on shares of IBI Group in a report on Monday, August 12th.

IBI Group Company Profile

IBI Group Inc provides various professional services in Canada, the United States, the United Kingdom, and internationally. Its professional services include design and planning, architecture, civil engineering, transportation engineering, traffic engineering, systems engineering, urban geography, real estate analysis, landscape architecture, communications engineering, software development, and other consulting services.

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Insider Buying and Selling by Quarter for IBI Group (TSE:IBG)

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