IntegraFin (LON:IHP) Stock Price Down 12.7% – Time to Sell?

IntegraFin Holdings plc (LON:IHP)’s stock price dropped 12.7% on Wednesday . The stock traded as low as GBX 338 ($4.25) and last traded at GBX 340.50 ($4.28). Approximately 1,859,043 shares traded hands during trading, an increase of 318% from the average daily volume of 444,495 shares. The stock had previously closed at GBX 390 ($4.90).

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft upped their price objective on IntegraFin from GBX 335 ($4.21) to GBX 400 ($5.03) and gave the company a “hold” rating in a research note on Tuesday, September 10th. Shore Capital reissued a “hold” rating on shares of IntegraFin in a research note on Tuesday, October 15th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 400 ($5.03) price objective on shares of IntegraFin in a report on Tuesday, October 15th.

IntegraFin Trading Down 0.9 %

The company has a market capitalization of £1.16 billion, a PE ratio of 2,181.25, a PEG ratio of 3.14 and a beta of 1.15. The stock has a fifty day moving average of GBX 379.09 and a 200 day moving average of GBX 369.15. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.01 and a current ratio of 8.80.

IntegraFin Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be issued a GBX 7.20 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This is an increase from IntegraFin’s previous dividend of $3.20. This represents a yield of 1.85%. IntegraFin’s payout ratio is currently 6,250.00%.

IntegraFin Company Profile

IntegraFin Holdings plc, together with its subsidiaries, provides an investment platform for UK financial advisers and their clients. It operates through Investment administration services, Insurance and life assurance business, and Adviser back-office technology segments. The company operates Transact, a wrap platform that enable advisers to consolidate their clients investments using tax efficient wrappers and provide range of investment choice; and Time4Advice (T4A), an adviser practice management solution.