Knights Group (LON:KGH) Shares Down 0.4% - Should You Sell?

Knights Group Holdings plc (LON:KGH - Get Free Report)'s share price dropped 0.4% during trading on Wednesday . The stock traded as low as GBX 136 ($1.76) and last traded at GBX 138 ($1.78). Approximately 149,392 shares were traded during trading, a decline of 29% from the average daily volume of 209,052 shares. The stock had previously closed at GBX 138.50 ($1.79).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "buy" rating on shares of Knights Group in a research report on Tuesday, January 14th.

Knights Group Stock Up 0.4 %

The company has a market capitalization of £116.73 million, a price-to-earnings ratio of 11.86 and a beta of 1.12. The company has a quick ratio of 2.10, a current ratio of 2.58 and a debt-to-equity ratio of 80.98. The firm has a 50 day moving average price of GBX 129.80 and a two-hundred day moving average price of GBX 121.78.

Knights Group (LON:KGH - Get Free Report) last posted its quarterly earnings data on Tuesday, January 14th. The company reported GBX 12.71 ($0.16) earnings per share (EPS) for the quarter. Knights Group had a return on equity of 10.03% and a net margin of 6.82%. As a group, sell-side analysts expect that Knights Group Holdings plc will post 22.0875439 earnings per share for the current year.

Knights Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 13th were paid a GBX 1.76 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a dividend yield of 1.47%. Knights Group's dividend payout ratio (DPR) is presently 34.75%.

Insider Buying and Selling

In other Knights Group news, insider Dave Wilson acquired 8,155 shares of the firm's stock in a transaction on Tuesday, January 14th. The stock was purchased at an average price of GBX 123 ($1.59) per share, with a total value of £10,030.65 ($12,969.55). Insiders own 30.06% of the company's stock.

About Knights Group

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.