Insider Selling: Fulcrum Utility Services Ltd (FCRM) Insider Sells 1,000,000 Shares of Stock

Fulcrum Utility Services Ltd (LON:FCRM) insider Martin Donnachie sold 1,000,000 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of GBX 53 ($0.69), for a total transaction of £530,000 ($688,043.62).

Fulcrum Utility Services Ltd (LON FCRM) opened at 52.75 on Friday. The firm has a 50-day moving average of GBX 53.73 and a 200 day moving average of GBX 58.20. Fulcrum Utility Services Ltd has a 12 month low of GBX 35.30 and a 12 month high of GBX 67.00. The firm’s market capitalization is GBX 88.22 million.

The firm also recently disclosed a dividend, which will be paid on Friday, October 27th. Stockholders of record on Thursday, September 28th will be given a GBX 1.30 ($0.02) dividend. The ex-dividend date is Thursday, September 28th. This is a boost from Fulcrum Utility Services’s previous dividend of $0.60. This represents a dividend yield of 2.33%.

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Separately, FinnCap restated a “buy” rating and issued a GBX 69 ($0.90) price target on shares of Fulcrum Utility Services in a research report on Monday, June 19th.

About Fulcrum Utility Services

Fulcrum Utility Services Limited is an independent energy and multi-utility infrastructure and services provider. The Company’s principal activity includes the provision of unregulated utility connections and independent gas transportation services in the United Kingdom. Its segments include infrastructure services and pipelines.

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