Insider Selling: The Property Franchise Group PLC (LON:TPFG) Insider Sells 24,191 Shares of Stock

The Property Franchise Group PLC (LON:TPFG) insider Michelle Brook sold 24,191 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was 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 Up 1.8 %

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

The Property Franchise Group Cuts Dividend

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

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 589 ($7.64) price target on shares of The Property Franchise Group in a report on Tuesday, September 10th.

About The Property Franchise Group

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.