Michelle Brook Sells 150,000 Shares of The Property Franchise Group PLC (LON:TPFG) Stock

The Property Franchise Group PLC (LON:TPFG) insider Michelle Brook sold 150,000 shares of the company’s stock in a transaction on Monday, October 21st. The shares were sold at an average price of GBX 415 ($5.39), for a total transaction of £622,500 ($808,231.63).

The Property Franchise Group Trading Up 1.2 %

LON TPFG opened at GBX 417 ($5.41) on Friday. The stock has a market cap of £265.84 million, a P/E ratio of 2,194.74 and a beta of 0.42. The Property Franchise Group PLC has a fifty-two week low of GBX 305 ($3.96) and a fifty-two week high of GBX 490 ($6.36). The stock has a 50 day simple moving average of GBX 448.96 and a two-hundred day simple moving average of GBX 428.70. The company has a debt-to-equity ratio of 15.84, a quick ratio of 1.20 and a current ratio of 0.85.

The Property Franchise Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, September 19th were paid a GBX 6 ($0.08) dividend. This represents a yield of 1.27%. The ex-dividend date was Thursday, September 19th. The Property Franchise Group’s payout ratio is 6,842.11%.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 589 ($7.65) price objective on shares of The Property Franchise Group in a research report on Tuesday, September 10th.

The Property Franchise Group Company Profile

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.