Foxtons Group (LON:FOXT) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Foxtons Group plc (LON:FOXT – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 62.26 ($0.83) and traded as low as GBX 57.60 ($0.76). Foxtons Group shares last traded at GBX 59.30 ($0.79), with a volume of 2,247,819 shares trading hands.

Foxtons Group Stock Performance

The company has a quick ratio of 0.90, a current ratio of 0.70 and a debt-to-equity ratio of 44.83. The firm has a market capitalization of £179.50 million, a P/E ratio of 24.61, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70. The company’s 50 day moving average is GBX 60.54 and its 200-day moving average is GBX 62.26.

Foxtons Group (LON:FOXT – Get Free Report) last issued its earnings results on Wednesday, March 5th. The company reported GBX 5 ($0.07) EPS for the quarter. Foxtons Group had a return on equity of 5.66% and a net margin of 4.69%. As a group, equities analysts anticipate that Foxtons Group plc will post 5.4191363 EPS for the current year.

Foxtons Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 16th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 0.95 ($0.01) per share. This represents a dividend yield of 1.51%. This is a positive change from Foxtons Group’s previous dividend of $0.22. The ex-dividend date of this dividend is Thursday, April 10th. Foxtons Group’s dividend payout ratio is presently 41.78%.

Insider Activity at Foxtons Group

In related news, insider Chris Hough purchased 30,000 shares of the business’s stock in a transaction on Thursday, March 6th. The stock was acquired at an average price of GBX 61 ($0.81) per share, for a total transaction of £18,300 ($24,286.66). 4.13% of the stock is currently owned by insiders.

About Foxtons Group

(Get Free Report)

Foxtons Group plc, an estate agency, provides services to the residential property market in the United Kingdom. The company operates through three segments: Lettings, Sales, and Financial Services. The Lettings segment engages in letting and management of residential properties. The Sales segment sells residential properties.

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