Mears Group plc (LON:MER) Insider Purchases £43,745.52 in Stock

Andrew C.M Smith of Mears Group plc (stock symbol LON;MER. Free Report made a purchase of 12,018 shares of the companys stock on Wednesday November 6th. The shares were acquired at a price of GBX 364 ($4.,74) resulting in a total transaction value of £43,745,.52 ($56,945,.48).

MER stock started trading at GBx 374 ($4,87) this Thursday with Mears Group plc having seen a low point of GBx 249,82 ($3,25) and a high point of GBx 398 ($5,18) over the last year.During this time the business has had a share price of GBx 374,73 over 50 days and GBx 373,44, over 200 days. The companys value in the market stands at £336 million with a price to equity ratio of 902 times earnings and a growth ratio of 0..68 per share price increase along with a slightly higher volatility factor at 1..26.. The firms financial health is reflected in its liquidity ratios; a low current ratio of 0..87 and a quick ratio of 0..92 indicating prompt access to assets in the short term balanced against a higher debt, to equity ratio standing at 137 times equity value.

Mears Group plc and its subsidiaries deliver a range of outsourced services to both private sectors in the UK.They provide quick response and scheduled maintenance services to local governments The company also offers gas repair services and maintains public buildings by handling repairs and capital projects in addition, to providing energy solutions They further offer grounds maintenance services

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