Shares of Paragon Banking Group PLC (LON:PAG - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 752.05 ($9.41) and traded as low as GBX 739 ($9.25). Paragon Banking Group shares last traded at GBX 752 ($9.41), with a volume of 1,278,583 shares.
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "buy" rating on shares of Paragon Banking Group in a report on Wednesday, December 4th.
Check Out Our Latest Research Report on Paragon Banking Group
Paragon Banking Group Stock Performance
The company has a quick ratio of 1.48, a current ratio of 1.21 and a debt-to-equity ratio of 168.79. The stock has a market capitalization of £1.52 billion, a price-to-earnings ratio of 1,132.58, a PEG ratio of 0.50 and a beta of 1.52. The firm has a fifty day moving average of GBX 736.86 and a 200-day moving average of GBX 752.05.
Paragon Banking Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 6th will be given a GBX 27.20 ($0.34) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from Paragon Banking Group's previous dividend of $13.20. This represents a dividend yield of 3.64%. Paragon Banking Group's payout ratio is currently 6,060.61%.
Insider Activity at Paragon Banking Group
In other news, insider Nigel S. Terrington bought 26,962 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average price of GBX 790 ($9.88) per share, with a total value of £212,999.80 ($266,482.92). Also, insider Richard Woodman purchased 2,241 shares of the firm's stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of GBX 730 ($9.13) per share, for a total transaction of £16,359.30 ($20,467.03). 3.59% of the stock is owned by corporate insiders.
About Paragon Banking Group
(
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Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.
Further Reading
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