Insider Buying: AssetCo plc (LON:ASTO) Insider Buys £927,500 in Stock

AssetCo plc (LON:ASTO) insider Christopher Mills bought 2,650,000 shares of AssetCo stock in a transaction dated Thursday, July 25th. The stock was purchased at an average cost of GBX 35 ($0.45) per share, for a total transaction of £927,500 ($1,199,560.27).

AssetCo Trading Down 0.7 %

ASTO stock opened at GBX 34.75 ($0.45) on Monday. The firm has a fifty day moving average price of GBX 34.46 and a 200 day moving average price of GBX 35.89. AssetCo plc has a fifty-two week low of GBX 30 ($0.39) and a fifty-two week high of GBX 50 ($0.65). The firm has a market cap of £49.51 million, a PE ratio of -400.00 and a beta of 0.46. The company has a debt-to-equity ratio of 3.05, a quick ratio of 3.56 and a current ratio of 1.97.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised their price target on AssetCo from GBX 38 ($0.49) to GBX 40 ($0.52) and gave the company a “hold” rating in a report on Friday, July 5th.

AssetCo Company Profile

AssetCo plc engages in acquiring, managing, and operating asset and wealth management activities and interests. It also offers investment management and advisory services, as well as is involved in the marketing of thematic exchange traded funds. The company was incorporated in 2003 and is headquartered in London, the United Kingdom.