Foxtons Group (LON:FOXT) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Shares of Foxtons Group plc (LON:FOXT) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 63.06 ($0.81) and traded as low as GBX 62.84 ($0.81). Foxtons Group shares last traded at GBX 63 ($0.81), with a volume of 179,980 shares.

Foxtons Group Stock Performance

The firm has a market capitalization of £192.00 million, a P/E ratio of 26.32, a P/E/G ratio of 0.83 and a beta of 1.70. The company has a debt-to-equity ratio of 44.83, a current ratio of 0.70 and a quick ratio of 0.90. The stock’s 50 day moving average is GBX 64.97 and its two-hundred day moving average is GBX 63.06.

Foxtons Group (LON:FOXT) last issued its earnings results on Wednesday, March 5th. The company reported GBX 5 ($0.06) EPS for the quarter. Foxtons Group had a net margin of 4.69% and a return on equity of 5.66%. As a group, equities analysts anticipate that Foxtons Group plc will post 5.4191363 earnings per share for the current fiscal year.

Foxtons Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 16th. Shareholders of record on Thursday, April 10th will be given a GBX 0.95 ($0.01) dividend. The ex-dividend date is Thursday, April 10th. This is an increase from Foxtons Group’s previous dividend of $0.22. This represents a yield of 1.51%. Foxtons Group’s dividend payout ratio (DPR) is currently 41.78%.

Insiders Place Their Bets

In related news, insider Chris Hough acquired 30,000 shares of the stock in a transaction dated Thursday, March 6th. The stock was bought at an average cost of GBX 61 ($0.79) per share, for a total transaction of £18,300 ($23,646.47). Insiders own 4.13% of the company’s stock.

About Foxtons Group

Foxtons Group plc, an estate agency, provides services to the residential property market in the United Kingdom. The company operates through three segments: Lettings, Sales, and Financial Services. The Lettings segment engages in letting and management of residential properties. The Sales segment sells residential properties.