Hunting PLC Executives Increase Shareholdings

Hunting ( (GB:HTG) ) just unveiled an announcement.

Hunting PLC announced that Bruce Ferguson, an Executive Director, and Dane Tipton, an Executive Committee Member, have purchased additional shares in the company. These transactions, funded by a dividend reinvestment plan, reflect confidence in the company’s future performance and may positively influence stakeholder perceptions and market positioning.

The most recent analyst rating on (GB:HTG) stock is a Hold with a £5.00 price target. To see the full list of analyst forecasts on Hunting stock, see the GB:HTG Stock Forecast page.

Spark’s Take on GB:HTG Stock

According to Spark, TipRanks’ AI Analyst, GB:HTG is a Neutral.

Hunting PLC’s stock score of 56 reflects strong revenue growth and a solid balance sheet, counterbalanced by profitability challenges and bearish technical trends. Positive corporate events and a reasonable dividend yield provide some optimism, yet the negative P/E ratio highlights valuation concerns.

To see Spark’s full report on GB:HTG stock, click here.

More about Hunting

Hunting PLC operates in the energy sector, primarily focusing on the production and distribution of equipment and services for the oil and gas industry. The company is known for its comprehensive range of products that cater to the upstream oil and gas market, enhancing operational efficiency and safety.

Average Trading Volume: 546,651

Technical Sentiment Signal: Sell

Current Market Cap: £422.8M

Find detailed analytics on HTG stock on TipRanks’ Stock Analysis page.