Begbies Traynor Group plc (LON:BEG - Get Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 100.60 ($1.27) and traded as low as GBX 92.40 ($1.16). Begbies Traynor Group shares last traded at GBX 93.60 ($1.18), with a volume of 63,539 shares trading hands.
Wall Street Analyst Weigh In
BEG has been the subject of several research analyst reports. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 158 ($1.99) price objective on shares of Begbies Traynor Group in a report on Tuesday, September 17th. Shore Capital reissued a "house stock" rating on shares of Begbies Traynor Group in a report on Tuesday, September 17th.
Check Out Our Latest Stock Analysis on BEG
Begbies Traynor Group Trading Up 0.6 %
The stock's 50-day simple moving average is GBX 95.49 and its two-hundred day simple moving average is GBX 100.51. The company has a debt-to-equity ratio of 23.79, a current ratio of 1.31 and a quick ratio of 1.35. The firm has a market capitalization of £148.28 million, a P/E ratio of 9,360.00, a price-to-earnings-growth ratio of 2.95 and a beta of 0.37.
Insiders Place Their Bets
In related news, insider Graham McInnes sold 137,200 shares of Begbies Traynor Group stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 92 ($1.16), for a total value of £126,224 ($159,072.46). Corporate insiders own 26.47% of the company's stock.
About Begbies Traynor Group
(
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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.
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