The Property Franchise Group PLC (LON:TPFG) Insider Buys £20,100 in Stock

The Property Franchise Group PLC (LON:TPFG) insider David Arthur Raggett acquired 5,000 shares of the company’s stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of GBX 402 ($5.11) per share, for a total transaction of £20,100 ($25,553.01).

David Arthur Raggett also recently made the following trade(s):

• On Thursday, September 26th, David Arthur Raggett sold 212,400 shares of The Property Franchise Group stock. The shares were sold at an average price of GBX 425 ($5.40), for a total transaction of £902,700 ($1,147,597.25).

The Property Franchise Group Stock Performance

Shares of TPFG traded down GBX 3 ($0.04) during midday trading on Wednesday, reaching GBX 402 ($5.11). 49,009 shares of the stock were exchanged, compared to its average volume of 98,924. The stock’s 50 day simple moving average is GBX 427.58 and its 200 day simple moving average is GBX 441.18. The company has a market cap of £256.28 million, a P/E ratio of 2,131.58 and a beta of 0.42. The Property Franchise Group PLC has a twelve month low of GBX 305 ($3.88) and a twelve month high of GBX 490 ($6.23). The company has a quick ratio of 1.20, a current ratio of 0.85 and a debt-to-equity ratio of 15.84.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 589 ($7.49) price objective on shares of The Property Franchise Group in a research report on Tuesday, September 10th.

The Property Franchise Group Company Profile

The Property Franchise Group PLC manages and leases residential real estate properties in the United Kingdom. The company operates through two segments: Property Franchising and Financial Services. It provides residential letting, estate agency, sales and property management services; and financial services, as well as operates as property franchisor.