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

Shares of IntegraFin Holdings plc (LON:IHP) fell 12.7% during trading on Wednesday . The company traded as low as GBX 338 ($4.25) and last traded at GBX 340.50 ($4.28). 1,859,043 shares were traded during mid-day trading, an increase of 318% from the average session volume of 444,495 shares. The stock had previously closed at GBX 390 ($4.90).

Wall Street Analyst Weigh In

IHP has been the topic of several research reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of IntegraFin from GBX 335 ($4.21) to GBX 400 ($5.03) and gave the company a “hold” rating in a report on Tuesday, September 10th. Shore Capital restated a “hold” rating on shares of IntegraFin in a research report on Tuesday, October 15th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 400 ($5.03) price target on shares of IntegraFin in a report on Tuesday, October 15th.

IntegraFin Trading Down 12.7 %

The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.01 and a current ratio of 8.80. The firm has a market cap of £1.13 billion, a P/E ratio of 2,190.63, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15. The business’s fifty day moving average is GBX 379.39 and its 200-day moving average is GBX 369.16.

IntegraFin Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be paid a GBX 7.20 ($0.09) dividend. This is a boost 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 currently 6,250.00%.

IntegraFin Company Profile

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.