The Property Franchise Group (LON:TPFG) Shares Down 0.3% – Time to Sell?

The Property Franchise Group PLC (LON:TPFG)’s stock price dropped 0.3% on Thursday . The stock traded as low as GBX 414.50 ($5.25) and last traded at GBX 414.63 ($5.26). Approximately 63,257 shares traded hands during trading, a decline of 36% from the average daily volume of 99,470 shares. The stock had previously closed at GBX 416 ($5.27).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 589 ($7.47) target price on shares of The Property Franchise Group in a research note on Tuesday, September 10th.

The Property Franchise Group Trading Down 0.1 %

The stock’s 50-day moving average price is GBX 428.41 and its 200 day moving average price is GBX 440.47. 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 firm has a market capitalization of £264.88 million, a PE ratio of 2,182.26 and a beta of 0.42.

Insider Buying and Selling

In related news, insider Michelle Brook sold 150,000 shares of The Property Franchise Group stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of GBX 415 ($5.26), for a total transaction of £622,500 ($789,073.39). Also, insider David Arthur Raggett sold 212,400 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of GBX 425 ($5.39), for a total transaction of £902,700 ($1,144,251.49). Insiders have sold a total of 386,591 shares of company stock valued at $162,631,838 over the last quarter. 19.92% of the stock is owned by corporate insiders.

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.