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 that occurred 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 Price Performance

Shares of The Property Franchise Group stock opened at GBX 412 ($5.35) on Friday. The company has a market capitalization of £262.65 million, a P/E ratio of 2,168.42 and a beta of 0.42. The company has a debt-to-equity ratio of 15.84, a current ratio of 0.85 and a quick ratio of 1.20. The business has a 50-day moving average of GBX 450.11 and a two-hundred day moving average of GBX 428.20. The Property Franchise Group PLC has a 1 year low of GBX 305 ($3.96) and a 1 year high of GBX 490 ($6.36).

The Property Franchise Group Cuts Dividend

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

Wall Street Analyst Weigh In

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

About The Property Franchise Group

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.