The Property Franchise Group PLC (LON:TPFG - Get Free Report) insider David Arthur Raggett sold 212,400 shares of the stock in a transaction on Thursday, September 26th. The stock was sold at an average price of GBX 425 ($5.69), for a total transaction of £902,700 ($1,208,757.36).
The Property Franchise Group Stock Performance
TPFG traded down GBX 2.50 ($0.03) during trading hours on Friday, reaching GBX 425 ($5.69). The company's stock had a trading volume of 525,819 shares, compared to its average volume of 100,119. The company's 50-day moving average is GBX 460.69 and its 200-day moving average is GBX 416.50. The Property Franchise Group PLC has a 52 week low of GBX 270.20 ($3.62) and a 52 week high of GBX 490 ($6.56). The firm has a market cap of £270.94 million, a PE ratio of 2,236.84 and a beta of 0.42. The company has a debt-to-equity ratio of 15.84, a quick ratio of 1.20 and a current ratio of 0.85.
The Property Franchise Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, October 4th. Investors of record on Thursday, September 19th will be issued a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, September 19th. The Property Franchise Group's payout ratio is 6,842.11%.
Wall Street Analyst Weigh In
Several research firms recently issued reports on TPFG. Berenberg Bank upped their target price on The Property Franchise Group from GBX 521 ($6.98) to GBX 589 ($7.89) and gave the stock a "buy" rating in a report on Monday, June 3rd. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 589 ($7.89) price objective on shares of The Property Franchise Group in a research report on Tuesday, September 10th.
Get Our Latest Stock Report on TPFG
About The Property Franchise Group
(
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The Property Franchise Group PLC manages and leases residential real estate properties in the United Kingdom. The company operates through two segments: Property Franchising and Financial Services. It provides residential letting, estate agency, sales and property management services; and financial services, as well as operates as property franchisor.
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