|Bid||38.25 x 0|
|Ask||40.00 x 0|
|Day's range||37.88 - 39.95|
|52-week range||33.40 - 168.00|
|Beta (5Y monthly)||2.21|
|PE ratio (TTM)||N/A|
|Earnings date||25 Jan 2024 - 29 Jan 2024|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||19 Dec 2019|
|1y target est||79.00|
Insiders who bought UK£1.44m worth of Superdry plc ( LON:SDRY ) stock in the last year recovered part of their losses...
A look at the stocks making headlines on Wednesday.
BENGALURU (Reuters) -Reliance Retail, India's largest retailer, will buy UK-based Superdry's licenses and brand assets in three Asian countries for 40 million pounds ($48 million), expanding its tie-ups with foreign brands and giving the struggling UK fashion retailer much-needed funds. Superdry's shares jumped 18% to a near two-month high on Wednesday after the company said it would use the expected 28.3 million pounds net proceeds to boost its liquidity and fund its capital needs as part of a turnaround plan. The deal will be via a joint venture -- in which Superdry will invest 9.6 million pounds for a 24% stake -- and cover Sri Lanka, Bangladesh and India, where the UK company has been present since 2012 when it first partnered with Reliance Retail.