Begbies Traynor Group plc (LON:BEG - Get Free Report)'s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 93.44 ($1.17) and traded as high as GBX 95.40 ($1.19). Begbies Traynor Group shares last traded at GBX 92.80 ($1.16), with a volume of 139,900 shares changing hands.
Analyst Ratings Changes
BEG has been the subject of several recent analyst reports. Shore Capital restated a "house stock" rating on shares of Begbies Traynor Group in a report on Tuesday, December 10th. Canaccord Genuity Group increased their target price on Begbies Traynor Group from GBX 148 ($1.85) to GBX 150 ($1.88) and gave the stock a "buy" rating in a research note on Tuesday, December 10th. Finally, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 150 ($1.88) price target on shares of Begbies Traynor Group in a research note on Thursday, December 12th.
Check Out Our Latest Analysis on Begbies Traynor Group
Begbies Traynor Group Stock Performance
The stock has a fifty day simple moving average of GBX 93.52 and a 200-day simple moving average of GBX 97.86. The stock has a market cap of £150.18 million, a P/E ratio of 9,480.00, a PEG ratio of 2.95 and a beta of 0.37. The company has a debt-to-equity ratio of 23.79, a quick ratio of 1.35 and a current ratio of 1.31.
Insider Transactions at Begbies Traynor Group
In related news, insider Graham McInnes sold 137,200 shares of the company's stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 92 ($1.15), for a total transaction of £126,224 ($157,957.70). 26.47% of the stock is owned by insiders.
About Begbies Traynor Group
(
Get Free Report)
Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.
See Also
Before you consider Begbies Traynor Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Begbies Traynor Group wasn't on the list.
While Begbies Traynor Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
