Begbies Traynor Group plc (LON:BEG - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 97.69 ($1.21) and traded as low as GBX 95.80 ($1.18). Begbies Traynor Group shares last traded at GBX 97 ($1.20), with a volume of 157,017 shares changing hands.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on BEG shares. Shore Capital reaffirmed a "house stock" rating on shares of Begbies Traynor Group in a research report on Tuesday, December 10th. Berenberg Bank restated a "buy" rating and set a GBX 150 ($1.85) target price on shares of Begbies Traynor Group in a report on Thursday, December 12th. Finally, Canaccord Genuity Group upped their price target on shares of Begbies Traynor Group from GBX 148 ($1.83) to GBX 150 ($1.85) and gave the company a "buy" rating in a report on Tuesday, December 10th.
Read Our Latest Stock Report on BEG
Begbies Traynor Group Trading Down 0.4 %
The company has a quick ratio of 1.35, a current ratio of 1.31 and a debt-to-equity ratio of 23.79. The company has a market capitalization of £153.03 million, a P/E ratio of 9,660.00, a price-to-earnings-growth ratio of 2.95 and a beta of 0.37. The business has a fifty day moving average price of GBX 94.01 and a 200 day moving average price of GBX 97.60.
Begbies Traynor Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Thursday, April 10th will be paid a GBX 1.40 ($0.02) dividend. This represents a yield of 1.51%. The ex-dividend date of this dividend is Thursday, April 10th. Begbies Traynor Group's payout ratio is 40,000.00%.
Insider Transactions at Begbies Traynor Group
In related news, insider Graham McInnes sold 137,200 shares of the stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of GBX 92 ($1.14), for a total transaction of £126,224 ($156,024.72). Company insiders own 26.47% of the company's stock.
Begbies Traynor Group Company Profile
(
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.
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