Insider Selling: Begbies Traynor Group plc (LON:BEG) Insider Sells 137,200 Shares of Stock

Begbies Traynor Group plc (LON:BEG) insider Graham McInnes sold 137,200 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of GBX 92 ($1.19), for a total transaction of £126,224 ($163,693.42).

Begbies Traynor Group Trading Down 0.9 %

Begbies Traynor Group stock opened at GBX 92.60 ($1.20) on Friday. The company has a debt-to-equity ratio of 23.79, a current ratio of 1.31 and a quick ratio of 1.35. The firm’s 50 day moving average price is GBX 97.41 and its 200-day moving average price is GBX 101.45. Begbies Traynor Group plc has a 1 year low of GBX 83.08 ($1.08) and a 1 year high of GBX 131.50 ($1.71). The stock has a market cap of £146.70 million, a P/E ratio of 9,260.00, a PEG ratio of 2.95 and a beta of 0.37.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on BEG shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 158 ($2.05) price objective on shares of Begbies Traynor Group in a research note on Tuesday, September 17th. Shore Capital reissued a “house stock” rating on shares of Begbies Traynor Group in a report on Tuesday, September 17th.

About Begbies Traynor Group

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.