Paragon Banking Group (LON:PAG) Earns "Buy" Rating from Shore Capital

Paragon Banking Group (LON:PAG - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at Shore Capital in a note issued to investors on Wednesday, Marketbeat.com reports.

Paragon Banking Group Stock Down 0.2 %

LON PAG traded down GBX 1.58 ($0.02) on Wednesday, reaching GBX 795.42 ($10.11). The company had a trading volume of 422,805 shares, compared to its average volume of 424,896. The firm has a market capitalization of £1.62 billion, a PE ratio of 1,217.42, a P/E/G ratio of 0.50 and a beta of 1.52. Paragon Banking Group has a 1 year low of GBX 481.40 ($6.12) and a 1 year high of GBX 868 ($11.03). The firm has a 50-day moving average of GBX 737.92 and a 200-day moving average of GBX 750.83. The company has a debt-to-equity ratio of 168.79, a current ratio of 1.21 and a quick ratio of 1.48.

Insider Activity

In related news, insider Nigel S. Terrington bought 3,248 shares of the company's stock in a transaction on Friday, September 27th. The shares were purchased at an average cost of GBX 774 ($9.83) per share, with a total value of £25,139.52 ($31,943.48). Company insiders own 3.59% of the company's stock.

Paragon Banking Group Company Profile

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.