Foxtons Group (LON:FOXT) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Foxtons Group plc (LON:FOXT)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 63.60 ($0.79) and traded as high as GBX 67.40 ($0.83). Foxtons Group shares last traded at GBX 66.60 ($0.82), with a volume of 97,285 shares changing hands.

Foxtons Group Price Performance

The company has a market capitalization of £202.14 million, a P/E ratio of 3,330.00, a P/E/G ratio of 0.83 and a beta of 1.70. The business’s 50-day simple moving average is GBX 63.60 and its 200 day simple moving average is GBX 63.22. The company has a current ratio of 0.70, a quick ratio of 0.90 and a debt-to-equity ratio of 44.83.

Insiders Place Their Bets

In other Foxtons Group news, insider Jack Callaway acquired 50,000 shares of Foxtons Group stock in a transaction dated Thursday, November 14th. The stock was bought at an average cost of GBX 53 ($0.65) per share, with a total value of £26,500 ($32,732.21). Corporate insiders own 4.13% of the company’s stock.

About Foxtons Group

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.