Low & Bonar (LWB) Trading 8.2% Higher

Low & Bonar plc (LON:LWB)’s share price traded up 8.2% on Friday . The company traded as high as GBX 29.30 ($0.38) and last traded at GBX 29.23 ($0.38). 225,225 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 420,530 shares. The stock had previously closed at GBX 27 ($0.35).

A number of equities analysts recently weighed in on the stock. Peel Hunt reiterated a “buy” rating on shares of Low & Bonar in a research report on Wednesday, August 8th. Berenberg Bank reiterated a “hold” rating on shares of Low & Bonar in a research report on Wednesday, October 10th.

In other Low & Bonar news, insider Philip de Klerk bought 100,000 shares of Low & Bonar stock in a transaction on Friday, August 17th. The stock was bought at an average price of GBX 50 ($0.65) per share, with a total value of £50,000 ($65,333.86). Also, insider Daniel Dayan bought 368,000 shares of Low & Bonar stock in a transaction on Wednesday, September 26th. The stock was acquired at an average cost of GBX 40 ($0.52) per share, with a total value of £147,200 ($192,342.87). Over the last quarter, insiders purchased 553,298 shares of company stock worth $23,223,252.

WARNING: This piece was reported by WKRB News and is the sole property of of WKRB News. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of US & international copyright legislation. The original version of this piece can be read at https://www.wkrb13.com/2018/11/11/low-bonar-lwb-trading-8-2-higher.html.

About Low & Bonar (LON:LWB)

Low & Bonar PLC manufactures and supplies technical textiles worldwide. The company operates through Building & Industrial, Civil Engineering, Coated Technical Textiles, and Interior & Transportation. The Building & Industrial unit supplies a range of technical textile solutions for various applications in the building, roofing, and air and water filtration.

See Also: How Do Tariffs Affect Trade Balances?

Receive News & Ratings for Low & Bonar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Low & Bonar and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply