Redde Northgate (REDD)

Sector:

Commercial Transport

Index:

FTSE 250

381.50p
   
  • Change Today:
      4.50p
  • 52 Week High: 391.00
  • 52 Week Low: 311.50
  • Currency: UK Pounds
  • Shares Issued: 227.21m
  • Volume: 109,676
  • Market Cap: £866.80m
  • RiskGrade: 169

Redde Northgate buys EV equipment supplier

By Frank Prenesti

Date: Tuesday 13 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Commercial vehicle hire business Redde Northgate said it had bought Charged Electric Vehicles (ChargedEV), a charging equipment supply and installation specialist, for an undisclosed sum.
ChargedEV operates nationally across the UK installing electric vehicle (EV) charging points. It has a team of around 20 EV experts, which is expected to expand over time as the transition to EVs gathers pace.

"This strategically significant acquisition provides the group with a platform to expand its offerings in this important and growing area as both its own EV fleet and its customers' EV fleets evolve," Redde Northgate said on Tuesday.

"It will also support the group in its environmental goals and be integral to its overall programme around EV transition and reducing carbon emissions."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Redde Northgate Market Data

Currency UK Pounds
Share Price 381.50p
Change Today 4.50p
% Change 1.19 %
52 Week High 391.00
52 Week Low 311.50
Volume 109,676
Shares Issued 227.21m
Market Cap £866.80m
RiskGrade 169

Redde Northgate Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
41.86% above the market average41.86% above the market average41.86% above the market average41.86% above the market average41.86% above the market average
25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average
Income Not Available
Growth
68.91% above the market average68.91% above the market average68.91% above the market average68.91% above the market average68.91% above the market average
68.75% above the sector average68.75% above the sector average68.75% above the sector average68.75% above the sector average68.75% above the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Redde Northgate Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Dec-23 31-Aug-23
Paid 12-Jan-24 29-Sep-23
Amount 8.30p 16.50p

Trades for 24-Apr-2024

Time Volume / Share Price
16:15 806 @ 381.50p
16:15 370 @ 381.50p
16:15 6 @ 381.50p
16:15 153 @ 381.50p
16:15 163 @ 381.50p

Redde Northgate Key Personnel

CEO Martin Ward

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