FinnCap reaffirmed their corporate rating on shares of Proactis Holdings Plc (LON:PHD) in a research note released on Thursday morning. The firm currently has a GBX 250 ($3.29) target price on the stock.
Separately, N+1 Singer upped their target price on shares of Proactis Holdings Plc from GBX 201 ($2.64) to GBX 226 ($2.97) and gave the company a buy rating in a research note on Monday, August 14th.
Proactis Holdings Plc (LON:PHD) traded up GBX 5.50 ($0.07) during trading on Thursday, hitting GBX 183 ($2.41). The company’s stock had a trading volume of 40,494 shares, compared to its average volume of 345,864. Proactis Holdings Plc has a 52-week low of GBX 130 ($1.71) and a 52-week high of GBX 202.99 ($2.67).
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The business also recently announced a dividend, which will be paid on Monday, January 22nd. Investors of record on Thursday, December 28th will be paid a dividend of GBX 1.40 ($0.02) per share. This is a boost from Proactis Holdings Plc’s previous dividend of $1.30. This represents a yield of 0.88%. The ex-dividend date of this dividend is Thursday, December 28th.
In other Proactis Holdings Plc news, insider Rodney Potts acquired 3,050 shares of the company’s stock in a transaction dated Wednesday, October 11th. The stock was bought at an average price of GBX 163 ($2.14) per share, for a total transaction of £4,971.50 ($6,538.87). Also, insider Timothy J. Sykes acquired 16,500 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was acquired at an average price of GBX 155 ($2.04) per share, with a total value of £25,575 ($33,638.04). Over the last quarter, insiders have purchased 25,662 shares of company stock valued at $4,050,906.
About Proactis Holdings Plc
PROACTIS Holdings PLC is a United Kingdom-based company, which is a Spend control and e-Procurement solution provider. The Company is engaged in the development and sale of business software, installation and related services. It offers a range of solutions, such as PROACTIS Source-to-Contract, PROACTIS Purchase-to-Pay and PROACTIS Supplier Network solutions.
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