Shares of Paragon Banking Group PLC (LON:PAG - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 752.72 ($9.47) and traded as low as GBX 720.50 ($9.07). Paragon Banking Group shares last traded at GBX 735.50 ($9.26), with a volume of 130,760 shares.
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a "buy" rating on shares of Paragon Banking Group in a report on Wednesday, December 4th.
Read Our Latest Report on Paragon Banking Group
Paragon Banking Group Stock Performance
The stock's 50-day moving average is GBX 737.60 and its 200-day moving average is GBX 752.60. The company has a current ratio of 1.21, a quick ratio of 1.48 and a debt-to-equity ratio of 168.79. The stock has a market cap of £1.49 billion, a price-to-earnings ratio of 1,114.39, a P/E/G ratio of 0.50 and a beta of 1.52.
Paragon Banking Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 6th will be given a GBX 27.20 ($0.34) dividend. The ex-dividend date is Thursday, February 6th. This represents a dividend yield of 3.64%. This is a positive change from Paragon Banking Group's previous dividend of $13.20. Paragon Banking Group's dividend payout ratio is presently 6,060.61%.
Insider Activity at Paragon Banking Group
In other news, insider Richard Woodman acquired 2,241 shares of the stock in a transaction on Friday, December 20th. The stock was bought at an average price of GBX 730 ($9.19) per share, with a total value of £16,359.30 ($20,585.50). Also, insider Nigel S. Terrington acquired 26,962 shares of the company's stock in a transaction dated Thursday, December 5th. The shares were purchased at an average price of GBX 790 ($9.94) per share, for a total transaction of £212,999.80 ($268,025.42). Company insiders own 3.59% of the company's stock.
Paragon Banking Group Company Profile
(
Get Free Report)
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.
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