Senior (LON:SNR) Sets New 52-Week High – Here’s What Happened

Senior plc (LON:SNR)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 224.50 and last traded at GBX 224, with a volume of 1135946 shares changing hands. The stock had previously closed at GBX 215.50.

Wall Street Analyst Weigh In

SNR has been the topic of several analyst reports. Jefferies Financial Group increased their target price on Senior from GBX 185 to GBX 230 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Berenberg Bank restated a “buy” rating and set a GBX 275 price target on shares of Senior in a research report on Friday, November 21st. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 241.67.

Senior Stock Performance

The stock has a market cap of £915.68 million, a price-to-earnings ratio of -119.09, a PEG ratio of 0.11 and a beta of 1.47. The company’s 50 day simple moving average is GBX 188.91 and its 200 day simple moving average is GBX 191.24. The company has a debt-to-equity ratio of 59.35, a quick ratio of 0.84 and a current ratio of 1.56.

Insider Activity at Senior

In other news, insider Ian King bought 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The shares were purchased at an average price of GBX 174 per share, with a total value of £130,500. Also, insider Graham Oldroyd bought 52,500 shares of the business’s stock in a transaction on Wednesday, October 29th. The stock was purchased at an average price of GBX 191 per share, with a total value of £100,275. Insiders have acquired 152,500 shares of company stock worth $27,882,500 over the last ninety days. Insiders own 1.48% of the company’s stock.

Senior Company Profile

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.