Peel Hunt Limited (LON:PEEL) achieved a new 52-week high on Thursday, reaching GBX 122 during mid-day trading. The stock closed at GBX 119.80, with a trading volume of 324,192 shares. This marks a notable increase from the previous closing price of GBX 119.
Stock Performance and Financial Ratios
Peel Hunt’s financial health is reflected in its ratios. The company reports a quick ratio of 1.23 and a current ratio of 1.21, indicating strong liquidity. Its debt-to-equity ratio stands at 31.42, suggesting a conservative approach to leverage. The stock’s fifty-day moving average is GBX 107.50, while the 200-day moving average is GBX 104.52. With a market capitalization of £140.45 million and a price-to-earnings (P/E) ratio of 34.71, the firm shows considerable potential for growth. The stock has a beta of 1.20, indicating it is slightly more volatile than the market.
In recent insider trading, notable activities include **Michael Lee**, who sold 119,998 shares on January 12, 2024, at an average price of GBX 108. The total transaction was valued at £129,597.84. Additionally, **Billy Neve** sold 20,973 shares on February 3, 2024, for a total of £24,328.68 at an average price of GBX 116. Over the past 90 days, insiders have sold 148,054 shares, with a total value of approximately £16.16 million. Currently, insiders hold 17.66% of the company’s stock.
About Peel Hunt
Peel Hunt is a prominent player in UK investment banking, specializing in providing expert research and distribution alongside a variety of investment banking services. The firm operates a comprehensive execution services hub that enhances liquidity in UK capital markets. Peel Hunt is committed to supporting businesses through their growth and development, delivering consistent value to both UK corporates and global institutions. The firm currently works with over 150 corporate clients, including more than 40 from the FTSE 350.
As Peel Hunt continues to perform well in the market, investors may consider the implications of recent price movements and insider trading activities when evaluating their investment strategies.
