Begbies Traynor Group (LON:BEG) Receives “House Stock” Rating from Shore Capital

Begbies Traynor Group (LON:BEG)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital in a research report issued on Monday, Marketbeat Ratings reports.

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 158 ($2.00) target price on shares of Begbies Traynor Group in a research report on Tuesday, September 17th.

Begbies Traynor Group Stock Performance

Shares of BEG stock traded up GBX 2 ($0.03) during midday trading on Monday, hitting GBX 91 ($1.15). 384,142 shares of the company were exchanged, compared to its average volume of 336,552. The firm’s 50 day moving average price is GBX 93.46 and its two-hundred day moving average price is GBX 99.43. The firm has a market capitalization of £144.16 million, a P/E ratio of 9,100.00, a PEG ratio of 2.95 and a beta of 0.37. Begbies Traynor Group has a 52 week low of GBX 83.08 ($1.05) and a 52 week high of GBX 120 ($1.52). The company has a debt-to-equity ratio of 23.79, a quick ratio of 1.35 and a current ratio of 1.31.

Insider Activity

In other Begbies Traynor Group news, insider Graham McInnes sold 137,200 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of GBX 92 ($1.16), for a total transaction of £126,224 ($159,756.99). 26.47% of the stock is owned by company insiders.

Begbies Traynor Group Company Profile

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.