WH Smith ( (GB:SMWH) ) just unveiled an announcement.
WH Smith PLC announced that Annette Court, the Chair of the company, has purchased 1,090 ordinary shares at a price of £9.1762 per share on the London Stock Exchange. This transaction is part of the company’s regulatory disclosure under the EU Market Abuse Regulation, reflecting the ongoing commitment of its leadership to the company’s growth and stability.
Spark’s Take on GB:SMWH Stock
According to Spark, TipRanks’ AI Analyst, GB:SMWH is a Outperform.
WH Smith’s strong financial performance and strategic corporate actions, such as focusing on travel retail and share buybacks, are significant positives. However, the high leverage and bearish technical indicators moderate the overall outlook.
To see Spark’s full report on GB:SMWH stock, click here.
More about WH Smith
WH Smith PLC is a prominent player in the retail industry, primarily known for its chain of high street, railway station, and airport stores. The company focuses on selling books, stationery, magazines, and other convenience products, catering to a diverse customer base across various locations.
YTD Price Performance: -18.51%
Average Trading Volume: 267,815
Technical Sentiment Signal: Buy
Current Market Cap: £1.2B
For a thorough assessment of SMWH stock, go to TipRanks’ Stock Analysis page.