EJF Investments (LON:EJFI) Sets New 12-Month High After Insider Buying Activity

EJF Investments (LON:EJFI)’s share price hit a new 52-week high on Thursday after an insider bought additional shares in the company. The company traded as high as GBX 129 ($1.57) and last traded at GBX 129 ($1.57), with a volume of 10038 shares trading hands. The stock had previously closed at GBX 126.50 ($1.54).

Specifically, insider Nick Watkins bought 10,000 shares of EJF Investments stock in a transaction dated Tuesday, January 14th. The stock was purchased at an average price of GBX 129 ($1.57) per share, for a total transaction of £12,900 ($15,695.34).

EJF Investments Price Performance

The company has a market capitalization of £78.58 million, a P/E ratio of 988.45 and a beta of -0.03. The business’s 50-day moving average is GBX 118.82 and its two-hundred day moving average is GBX 109.09. The company has a quick ratio of 0.05, a current ratio of 1.35 and a debt-to-equity ratio of 25.01.

EJF Investments Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 7th were paid a GBX 2.68 ($0.03) dividend. The ex-dividend date was Thursday, November 7th. This represents a dividend yield of 2.34%. EJF Investments’s payout ratio is presently 8,461.54%.

EJF Investments Company Profile

EJF Investments Limited is a principal investment firm. The firm seeks to invest in financial services sector with a focus in structured debt and equity, loans, bonds, preference shares, convertible notes and private equity. It considers investments domiciled in the United States, the United Kingdom and Europe.