Insider Buying: Associated British Engineering PLC (ASBE) Insider Buys 2,500 Shares of Stock

Associated British Engineering PLC (LON:ASBE) insider Rupert P. Gould acquired 2,500 shares of the stock in a transaction dated Monday, December 4th. The shares were bought at an average cost of GBX 30 ($0.40) per share, for a total transaction of £750 ($1,009.42).

Shares of Associated British Engineering PLC (LON:ASBE) opened at GBX 30 ($0.40) on Wednesday. Associated British Engineering PLC has a 12 month low of GBX 20 ($0.27) and a 12 month high of GBX 60 ($0.81).

Associated British Engineering (LON:ASBE) last issued its earnings results on Thursday, November 30th. The company reported GBX (18.40) (($0.25)) earnings per share (EPS) for the quarter. The business had revenue of GBX 67 million for the quarter. Associated British Engineering had a negative net margin of 80.04% and a negative return on equity of 86.50%.

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About Associated British Engineering

Associated British Engineering Plc, through its subsidiary, is engaged in the manufacturing and supplying of diesel engines and spare parts for diesel engines together with associated repair work. The Company’s segments include Associated British Engineering Plc, British Polar Engines Limited and Akoris Trading Limited.

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