Alison Goligher Purchases 20,000 Shares of Melrose Industries PLC (LON:MRO) Stock

Melrose Industries PLC (LON:MRO) insider Alison Goligher acquired 20,000 shares of Melrose Industries stock in a transaction on Friday, May 23rd. The stock was purchased at an average price of GBX 462 ($6.27) per share, with a total value of £92,400 ($125,373.13).

Melrose Industries Price Performance

Shares of LON MRO opened at GBX 467.50 ($6.34) on Tuesday. The company has a current ratio of 0.86, a quick ratio of 0.45 and a debt-to-equity ratio of 44.03. Melrose Industries PLC has a twelve month low of GBX 376 ($5.10) and a twelve month high of GBX 682.60 ($9.26). The stock has a 50 day moving average of GBX 449.94 and a two-hundred day moving average of GBX 527.43. The stock has a market cap of £6.04 billion, a P/E ratio of -158.11, a P/E/G ratio of 0.48 and a beta of 1.51.

Melrose Industries (LON:MRO) last issued its quarterly earnings data on Thursday, March 6th. The company reported GBX 26.80 ($0.36) earnings per share for the quarter. Melrose Industries had a negative return on equity of 1.18% and a negative net margin of 1.13%. On average, research analysts forecast that Melrose Industries PLC will post 33.9741641 earnings per share for the current year.

Melrose Industries Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 9th. Stockholders of record on Thursday, March 27th were paid a dividend of GBX 4 ($0.05) per share. This represents a dividend yield of 0.75%. The ex-dividend date was Thursday, March 27th. This is a boost from Melrose Industries’s previous dividend of $2.00. Melrose Industries’s dividend payout ratio is -202.92%.

About Melrose Industries

Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.