The Property Franchise Group PLC (LON:TPFG - Get Free Report) shares traded down 0.2% on Friday . The stock traded as low as GBX 421.67 ($5.51) and last traded at GBX 424 ($5.54). 118,036 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 101,596 shares. The stock had previously closed at GBX 425 ($5.55).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 589 ($7.69) target price on shares of The Property Franchise Group in a research report on Tuesday, September 10th.
Read Our Latest Research Report on TPFG
The Property Franchise Group Trading Down 0.2 %
The company has a quick ratio of 1.20, a current ratio of 0.85 and a debt-to-equity ratio of 15.84. The business's fifty day moving average is GBX 454.27 and its two-hundred day moving average is GBX 426.04. The firm has a market cap of £270.30 million, a price-to-earnings ratio of 2,231.58 and a beta of 0.42.
The Property Franchise Group Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, October 4th. Stockholders of record on Thursday, September 19th were paid a GBX 6 ($0.08) dividend. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend was Thursday, September 19th. The Property Franchise Group's dividend payout ratio (DPR) is presently 6,842.11%.
Insider Activity at The Property Franchise Group
In other news, insider David Arthur Raggett sold 212,400 shares of the firm's stock in a transaction on Thursday, September 26th. The stock was sold at an average price of GBX 425 ($5.55), for a total value of £902,700 ($1,178,767.30). 19.92% of the stock is currently owned by company insiders.
About The Property Franchise Group
(
Get Free Report)
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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