Paragon Banking Group PLC (LON:PAG - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 747.47 ($9.67) and traded as high as GBX 771.50 ($9.99). Paragon Banking Group shares last traded at GBX 763.50 ($9.88), with a volume of 375,248 shares.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "buy" rating on shares of Paragon Banking Group in a research report on Wednesday, December 4th.
Check Out Our Latest Research Report on Paragon Banking Group
Paragon Banking Group Stock Performance
The stock has a market cap of £1.55 billion, a price-to-earnings ratio of 8.34, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52. The business's 50 day moving average is GBX 758.76 and its 200 day moving average is GBX 747.73.
Paragon Banking Group Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, March 7th. Shareholders of record on Thursday, February 6th were paid a GBX 27.20 ($0.35) dividend. This represents a yield of 3.64%. The ex-dividend date was Thursday, February 6th. This is a positive change from Paragon Banking Group's previous dividend of $13.20. Paragon Banking Group's dividend payout ratio is currently 43.17%.
Insider Activity
In other Paragon Banking Group news, insider Richard Woodman sold 21,497 shares of the firm's stock in a transaction dated Friday, March 28th. The stock was sold at an average price of GBX 778 ($10.07), for a total transaction of £167,246.66 ($216,472.51). Also, insider Graeme Yorston acquired 458 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was bought at an average cost of GBX 717 ($9.28) per share, for a total transaction of £3,283.86 ($4,250.40). 3.59% of the stock is currently owned by corporate insiders.
About Paragon Banking Group
(
Get Free Report)
Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs') and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.
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