Zegona Communications plc (LON:ZEG) Insider Richard Williams Purchases 12,363 Shares

Zegona Communications plc (LON:ZEG) insider Richard Williams acquired 12,363 shares of the business’s stock in a transaction on Monday, January 13th. The shares were purchased at an average cost of GBX 404 ($4.94) per share, for a total transaction of £49,946.52 ($61,111.61).

Zegona Communications Trading Down 0.5 %

Shares of LON:ZEG opened at GBX 400 ($4.89) on Friday. The company has a debt-to-equity ratio of 4.22, a quick ratio of 6.23 and a current ratio of 67.85. The stock has a market capitalization of £2.82 billion, a price-to-earnings ratio of 4,444.44 and a beta of 2.80. The stock’s 50-day simple moving average is GBX 357.36 and its two-hundred day simple moving average is GBX 340.94. Zegona Communications plc has a 52-week low of GBX 175 ($2.14) and a 52-week high of GBX 436 ($5.33).

Analyst Ratings Changes

Separately, Canaccord Genuity Group lowered their price target on shares of Zegona Communications from GBX 945 ($11.56) to GBX 825 ($10.09) and set a “buy” rating for the company in a research report on Tuesday, January 7th.

Zegona Communications Company Profile

Zegona is a British company investing strategically across the Europe with the objective of acquiring businesses in the European TMT sector, using a “Buy-Fix-Sell” strategy to deliver attractive shareholder returns.

The first acquisition made by Zegona was of Asturian telecommunications operator Telecable in 2015.