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

Posted by Liza Goodheart on Dec 14th, 2024

The Property Franchise Group PLC (LON:TPFG – Get Free Report)’s share price fell 0.3% during mid-day trading on Thursday . The stock traded as low as GBX 414.50 ($5.23) and last traded at GBX 414.63 ($5.23). 63,257 shares were traded during trading, a decline of 36% from the average session volume of 99,470 shares. The stock had previously closed at GBX 416 ($5.25).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 589 ($7.43) price objective on shares of The Property Franchise Group in a research report on Tuesday, September 10th.

Read Our Latest Stock Report on TPFG

The Property Franchise Group Stock Down 0.1 %

The stock has a fifty day moving average price of GBX 428.09 and a 200-day moving average price of GBX 440.45. The firm has a market cap of £264.56 million, a PE ratio of 2,184.21 and a beta of 0.42. The company has a debt-to-equity ratio of 15.84, a quick ratio of 1.20 and a current ratio of 0.85.

Insiders Place Their Bets

In related news, insider Michelle Brook sold 150,000 shares of the business’s stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of GBX 415 ($5.24), for a total transaction of £622,500 ($785,687.24). Also, insider David Arthur Raggett sold 212,400 shares of the stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of GBX 425 ($5.36), for a total transaction of £902,700 ($1,139,341.16). Insiders sold a total of 386,591 shares of company stock worth $162,631,838 over the last ninety days. 19.92% of the stock is owned by company insiders.

About The Property Franchise Group

(Get Free Report)

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.