Castleton Technology PLC’s (CTP) Corporate Rating Reaffirmed at FinnCap

Castleton Technology PLC (LON:CTP)‘s stock had its “corporate” rating reiterated by FinnCap in a research report issued on Monday. They currently have a GBX 90 ($1.11) price target on the stock. FinnCap’s price target suggests a potential upside of 41.73% from the stock’s previous close.

Shares of Castleton Technology PLC (LON:CTP) opened at 63.10 on Monday. Castleton Technology PLC has a 12 month low of GBX 53.00 and a 12 month high of GBX 84.50. The stock’s 50 day moving average is GBX 59.54 and its 200 day moving average is GBX 61.61. The firm’s market cap is GBX 49.35 million.

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In other news, insider Dean Dickinson bought 185,000 shares of the firm’s stock in a transaction on Thursday, January 19th. The stock was acquired at an average price of GBX 53 ($0.65) per share, with a total value of £98,050 ($121,094.23).

About Castleton Technology PLC

Castleton Technology plc, formerly Redstone PLC, is an investment holding company. The Company is engaged in providing software and managed services to the public and not-for-profit sectors, mainly the social housing sector. Its segments include Managed Services, which consists of Castleton Managed Services Limited and Keylogic Limited, and Software Solutions, which consists of the results of Castleton Software Solutions Limited, Kypera Limited and Kypera Pty.

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