Insider Buying: Revolymer PLC (REVO) Insider Buys 29,000 Shares of Stock

Revolymer PLC (LON:REVO) insider Mike Townend purchased 29,000 shares of Revolymer PLC stock in a transaction that occurred on Thursday, October 13th. The shares were purchased at an average cost of GBX 34 ($0.42) per share, with a total value of £9,860 ($12,202.97).

Shares of Revolymer PLC (LON:REVO) opened at 33.3001 on Friday. The stock’s market cap is GBX 19.27 million. The company has a 50-day moving average of GBX 36.60 and a 200 day moving average of GBX 42.31. Revolymer PLC has a one year low of GBX 27.00 and a one year high of GBX 80.48.

Separately, Panmure Gordon reissued a “buy” rating and set a GBX 70 ($0.87) price target on shares of Revolymer PLC in a research report on Monday, September 19th.

Revolymer PLC Company Profile

Revolymer plc is engaged in the specialty chemicals business focused on controlled release, responsive systems and delivery systems. The Company operates in both fast moving consumer goods (FMCGs) markets, such as home care, as well as other markets, such as personal care and nicotine gum. It operates through the gum segment, which includes both confectionery and nicotine.

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