Castings (CGS)

Sector:

Engineering

 386.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 419.00
  • 52 Week Low: 326.00
  • Currency: UK Pounds
  • Shares Issued: 43.36m
  • Volume: 547,209
  • Market Cap: £167.36m
  • RiskGrade: 174

Castings sees recent sales fall below expectations

By Natasha Roberts

Date: Tuesday 19 Aug 2014

LONDON (ShareCast) - Industrial engineering group Castings sent its share price into the red on Tuesday after admitting its recent sales have been below its expectations and that it was experiencing operational issues due to the change of work mix.

The update comes after the group said in June that its customers' requirements had "slightly reduced" from the high levels seen the prior year.

It said sales since then and up to the end of July had been below its expectations.

The management team reassured investors that it was addressing the issues and it hopes "the situation will improve during the remainder of the financial year", helped by an increasing order book.

Shares had lost 10.66% of their value, dropping to 450.25p.

NR

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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.

 

Castings Market Data

Currency UK Pounds
Share Price 386.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 419.00
52 Week Low 326.00
Volume 547,209
Shares Issued 43.36m
Market Cap £167.36m
RiskGrade 174

Castings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
28.5% below the market average28.5% below the market average28.5% below the market average28.5% below the market average28.5% below the market average
15.15% below the sector average15.15% below the sector average15.15% below the sector average15.15% below the sector average15.15% below the sector average
Price Trend
39.31% above the market average39.31% above the market average39.31% above the market average39.31% above the market average39.31% above the market average
8.57% below the sector average8.57% below the sector average8.57% below the sector average8.57% below the sector average8.57% below the sector average
Income
48.87% above the market average48.87% above the market average48.87% above the market average48.87% above the market average48.87% above the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average
Growth
83.45% above the market average83.45% above the market average83.45% above the market average83.45% above the market average83.45% above the market average
93.94% above the sector average93.94% above the sector average93.94% above the sector average93.94% above the sector average93.94% above the sector average

What The Brokers Say

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

Castings Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 20-Jul-23
Paid 04-Jan-24 18-Aug-23
Amount 4.13p 13.51p

Trades for 14-May-2024

Time Volume / Share Price
13:44 10,000 @ 385.00p
14:37 1,044 @ 392.00p
14:20 160 @ 392.00p
13:45 2 @ 386.00p
13:45 324 @ 386.00p

Castings Key Personnel

CEO Adam Vicary

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