IntegraFin (LON:IHP) Trading Down 12.7% – Here’s What Happened

Posted by Joseph McCarthy on Dec 20th, 2024

IntegraFin Holdings plc (LON:IHP – Get Free Report)’s stock price was down 12.7% on Wednesday . The company traded as low as GBX 338 ($4.25) and last traded at GBX 340.50 ($4.28). Approximately 1,859,043 shares were traded during mid-day trading, an increase of 318% from the average daily volume of 444,495 shares. The stock had previously closed at GBX 390 ($4.90).

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on IHP. Deutsche Bank Aktiengesellschaft upped their price target on shares of IntegraFin from GBX 335 ($4.21) to GBX 400 ($5.03) and gave the stock a “hold” rating in a research report on Tuesday, September 10th. Shore Capital reiterated a “hold” rating on shares of IntegraFin in a report on Tuesday, October 15th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 400 ($5.03) price objective on shares of IntegraFin in a research note on Tuesday, October 15th.

Check Out Our Latest Analysis on IHP

IntegraFin Stock Performance

The company has a quick ratio of 0.01, a current ratio of 8.80 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of £1.16 billion, a price-to-earnings ratio of 2,181.25, a P/E/G ratio of 3.14 and a beta of 1.15. The business has a 50-day moving average price of GBX 379.09 and a 200-day moving average price of GBX 369.15.

IntegraFin Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be paid a dividend of GBX 7.20 ($0.09) per share. This is a positive change from IntegraFin’s previous dividend of $3.20. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a dividend yield of 1.85%. IntegraFin’s payout ratio is presently 6,250.00%.

IntegraFin Company Profile

(Get Free Report)

IntegraFin Holdings plc, together with its subsidiaries, provides an investment platform for UK financial advisers and their clients. It operates through Investment administration services, Insurance and life assurance business, and Adviser back-office technology segments. The company operates Transact, a wrap platform that enable advisers to consolidate their clients investments using tax efficient wrappers and provide range of investment choice; and Time4Advice (T4A), an adviser practice management solution.