Insider Selling: The Property Franchise Group PLC (LON:TPFG) Insider Sells £101,118.38 in Stock

The Property Franchise Group PLC (LON:TPFG) insider Michelle Brook sold 24,191 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of GBX 418 ($5.42), for a total value of £101,118.38 ($131,135.24).

Michelle Brook also recently made the following trade(s):

• On Monday, October 21st, Michelle Brook sold 150,000 shares of The Property Franchise Group stock. The stock was sold at an average price of GBX 415 ($5.38), for a total transaction of £622,500 ($807,288.29).

The Property Franchise Group Stock Performance

LON:TPFG opened at GBX 450 ($5.84) on Friday. The Property Franchise Group PLC has a 1-year low of GBX 305 ($3.96) and a 1-year high of GBX 490 ($6.35). The firm has a 50 day simple moving average of GBX 444.76 and a 200-day simple moving average of GBX 430.78. The firm has a market cap of £286.88 million, a PE ratio of 2,368.42 and a beta of 0.42. The company has a debt-to-equity ratio of 15.84, a current ratio of 0.85 and a quick ratio of 1.20.

The Property Franchise Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, September 19th were paid a GBX 6 ($0.08) dividend. The ex-dividend date of this dividend was Thursday, September 19th. This represents a yield of 1.27%. The Property Franchise Group’s payout ratio is currently 6,842.11%.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 589 ($7.64) price objective on shares of The Property Franchise Group in a 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.