IntegraFin (LON:IHP) Hits New 52-Week Low – Here’s Why

IntegraFin Holdings plc (LON:IHP) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 263 ($3.39) and last traded at GBX 266.50 ($3.44), with a volume of 309262 shares. The stock had previously closed at GBX 281.50 ($3.63).

Analyst Upgrades and Downgrades

IHP has been the topic of a number of recent analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 440 ($5.67) price objective on shares of IntegraFin in a research note on Thursday, January 23rd. Shore Capital upgraded IntegraFin to a “buy” rating in a report on Tuesday, January 14th.

IntegraFin Price Performance

The company has a debt-to-equity ratio of 4.51, a current ratio of 1.01 and a quick ratio of 0.01. The stock’s fifty day simple moving average is GBX 335.94 and its 200-day simple moving average is GBX 355.89. The company has a market capitalization of £890.43 million, a P/E ratio of 16.99, a PEG ratio of 3.14 and a beta of 1.15.

IntegraFin Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd were issued a GBX 7.20 ($0.09) dividend. The ex-dividend date was Thursday, January 2nd. This represents a yield of 1.85%. This is a positive change from IntegraFin’s previous dividend of $3.20. IntegraFin’s dividend payout ratio (DPR) is 63.41%.

Insider Transactions at IntegraFin

In other news, insider Alexander Scott purchased 301 shares of the stock in a transaction that occurred on Friday, January 31st. The shares were purchased at an average cost of GBX 363 ($4.68) per share, for a total transaction of £1,092.63 ($1,408.39). Also, insider Euan Marshall acquired 4,500 shares of IntegraFin stock in a transaction on Thursday, January 16th. The stock was purchased at an average price of GBX 350 ($4.51) per share, with a total value of £15,750 ($20,301.62). Insiders acquired a total of 4,932 shares of company stock worth $1,729,381 over the last three months. 26.12% of the stock is currently owned by insiders.

IntegraFin Company Profile

IntegraFin Holdings plc (IntegraFin) is the holding company for all of the entities involved in the provision of the Transact service. Transact is one of the largest independent wrap platforms in the UK. It offers advisory professionals a comprehensive financial planning infrastructure for investing client assets in a tax-efficient way.