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An announcement from Alumasc ( (GB:ALU) ) is now available.
The Alumasc Group plc, a company involved in the manufacturing sector, announced recent director dealings involving the exercise of share awards under its 2022 Long Term Incentive Plan. Key executives, including the Chief Executive Paul Hooper and Group Finance Director Simon Dray, exercised and retained significant share awards, while Executive Directors Gilbert Jackson and Michael Leaf sold portions of their shares to cover tax obligations. These transactions, settled from shares held by the Alumasc Employee Benefit Trust, reflect strategic financial management by the company’s leadership.
The most recent analyst rating on (GB:ALU) stock is a Hold with a £316.00 price target. To see the full list of analyst forecasts on Alumasc stock, see the GB:ALU Stock Forecast page.
Spark’s Take on GB:ALU Stock
According to Spark, TipRanks’ AI Analyst, GB:ALU is a Neutral.
Alumasc’s overall stock score is driven by strong financial performance and attractive valuation. However, technical analysis indicates bearish momentum, which is a significant risk factor. The low P/E ratio and high dividend yield are positive aspects, but the technical weakness suggests caution.
To see Spark’s full report on GB:ALU stock, click here.
More about Alumasc
Average Trading Volume: 84,578
Technical Sentiment Signal: Hold
Current Market Cap: £91.22M
Find detailed analytics on ALU stock on TipRanks’ Stock Analysis page.