Cineworld Group plc (LON:CINE) insider Moshe (Mooky) Greidinger sold 11,000 shares of the business’s stock in a transaction on Thursday, June 22nd. The shares were sold at an average price of GBX 675 ($8.74), for a total transaction of £74,250 ($96,178.76).
Moshe (Mooky) Greidinger also recently made the following trade(s):
- On Wednesday, June 21st, Moshe (Mooky) Greidinger sold 15,400 shares of Cineworld Group plc stock. The stock was sold at an average price of GBX 679 ($8.80), for a total transaction of £104,566 ($135,448.19).
- On Friday, June 23rd, Moshe (Mooky) Greidinger sold 21,999 shares of Cineworld Group plc stock. The stock was sold at an average price of GBX 676 ($8.76), for a total transaction of £148,713.24 ($192,633.73).
Shares of Cineworld Group plc (LON CINE) traded down 0.07% during midday trading on Friday, reaching GBX 680.50. 523,019 shares of the company were exchanged. The stock has a 50-day moving average price of GBX 708.04 and a 200 day moving average price of GBX 650.21. Cineworld Group plc has a 52-week low of GBX 509.50 and a 52-week high of GBX 744.90. The company’s market capitalization is GBX 1.82 billion.
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CINE has been the topic of a number of research reports. Investec reaffirmed a “buy” rating and issued a GBX 825 ($10.69) price target on shares of Cineworld Group plc in a research note on Thursday, June 15th. Peel Hunt reaffirmed an “add” rating and issued a GBX 675 ($8.74) price target on shares of Cineworld Group plc in a research note on Wednesday, April 12th. Deutsche Bank AG initiated coverage on shares of Cineworld Group plc in a research note on Monday, May 22nd. They issued a “buy” rating and a GBX 825 ($10.69) price target on the stock. Barclays PLC reaffirmed an “overweight” rating on shares of Cineworld Group plc in a research note on Friday, May 26th. Finally, Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 785 ($10.17) price target on shares of Cineworld Group plc in a research note on Monday, April 10th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 745.45 ($9.66).
About Cineworld Group plc
Cineworld Group plc is a United Kingdom-based international cinema chain. The Company operates in approximately nine countries. The Company operates through two segments: UK and Ireland, and Central and Eastern Europe and Israel (CEE & I). The Company has approximately 220 cinemas with over 2,010 screens.
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