IntegraFin (LON:IHP) Trading Down 12.7% – Should You Sell?

IntegraFin Holdings plc (LON:IHP) shares dropped 12.7% during trading on Wednesday . The stock 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).

Wall Street Analyst Weigh In

Several research firms have weighed in on IHP. Deutsche Bank Aktiengesellschaft raised their price objective on shares of IntegraFin from GBX 335 ($4.21) to GBX 400 ($5.03) and gave the company a “hold” rating in a research report on Tuesday, September 10th. Shore Capital reissued a “hold” rating on shares of IntegraFin in a report on Tuesday, October 15th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 400 ($5.03) price objective on shares of IntegraFin in a research report on Tuesday, October 15th.

IntegraFin Price Performance

The firm has a market cap of £1.16 billion, a price-to-earnings ratio of 2,181.25, a PEG ratio of 3.14 and a beta of 1.15. The company’s fifty day moving average is GBX 379.09 and its 200 day moving average is GBX 369.15. The company has a quick ratio of 0.01, a current ratio of 8.80 and a debt-to-equity ratio of 1.73.

IntegraFin Increases Dividend

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