Arcontech Group plc (LON:ARC) Insider Matthew Jeffs Acquires 50,000 Shares

Arcontech Group plc (LON:ARC) insider Matthew Jeffs bought 50,000 shares of the stock in a transaction on Thursday, November 7th. The shares were bought at an average price of GBX 120 ($1.54) per share, for a total transaction of £60,000 ($77,210.14).

Arcontech Group Trading Up 5.5 %

LON:ARC opened at GBX 124.50 ($1.60) on Thursday. The business’s 50-day moving average is GBX 116.35 and its two-hundred day moving average is GBX 104.22. The company has a debt-to-equity ratio of 6.50, a current ratio of 4.36 and a quick ratio of 3.54. Arcontech Group plc has a 12 month low of GBX 83.50 ($1.07) and a 12 month high of GBX 134.90 ($1.74). The firm has a market capitalization of £16.65 million, a PE ratio of 1,584.68 and a beta of 0.46.

Arcontech Group Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 1st. Stockholders of record on Thursday, October 3rd were paid a dividend of GBX 3.75 ($0.05) per share. The ex-dividend date was Thursday, October 3rd. This is an increase from Arcontech Group’s previous dividend of $3.50. This represents a dividend yield of 3.83%. Arcontech Group’s dividend payout ratio (DPR) is currently 5,000.00%.

About Arcontech Group

Arcontech Group plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australia, and the Asia Pacific. Its products include Excelerator Desktop that provides a graphical user interface, which integrates various internal and external real-time data sources into a single-screen format; CityVision, a market data platform for real-time data reception, transformation, and publishing; and CityVision Multi Vendor Contribution System that offers the ability to contribute data to various destinations, including Refinitiv, Bloomberg, ICE, and Six.