Numis Securities Reiterates Buy Rating for Gattaca (GATC)

Numis Securities restated their buy rating on shares of Gattaca (LON:GATC) in a research report released on Thursday. They currently have a GBX 280 ($3.93) price target on the stock.

Shares of Gattaca (LON GATC) traded down GBX 6 ($0.08) during trading on Thursday, hitting GBX 200 ($2.80). 96,956 shares of the company traded hands, compared to its average volume of 41,670. Gattaca has a one year low of GBX 195 ($2.73) and a one year high of GBX 339 ($4.75). The company has a market capitalization of $64.56 and a PE ratio of 909.09.

The firm also recently disclosed a dividend, which was paid on Friday, January 19th. Investors of record on Thursday, December 21st were paid a GBX 17 ($0.24) dividend. This is a boost from Gattaca’s previous dividend of $6.00. The ex-dividend date was Thursday, December 21st. This represents a dividend yield of 5.69%.

In other news, insider Keith Lewis bought 5,094 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average price of GBX 299 ($4.19) per share, for a total transaction of £15,231.06 ($21,355.95). Also, insider Brian Wilkinson sold 3,502 shares of the company’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of GBX 288 ($4.04), for a total transaction of £10,085.76 ($14,141.56).

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Gattaca Company Profile

Gattaca plc, formerly Matchtech Group plc, is a human capital resources business dealing with contract and permanent recruitment in the private and public sectors. The Company operates through two segments: Engineering and Technology. The Engineering segment comprises Barclay Meade and Alderwood recruitment consultancy brands.

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