Begbies Traynor Group (LON:BEG) Hits New 1-Year High - Time to Buy?

Begbies Traynor Group plc (LON:BEG - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 111 ($1.49) and last traded at GBX 108.50 ($1.46), with a volume of 219256 shares changing hands. The stock had previously closed at GBX 105.54 ($1.42).

Begbies Traynor Group Stock Performance

The company has a quick ratio of 1.35, a current ratio of 1.31 and a debt-to-equity ratio of 23.79. The firm has a 50-day moving average price of GBX 98.81 and a two-hundred day moving average price of GBX 96.59. The firm has a market cap of £176.74 million, a PE ratio of 120.94, a P/E/G ratio of 2.95 and a beta of 0.37.

Begbies Traynor Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 7th. Shareholders of record on Thursday, April 10th were issued a GBX 1.40 ($0.02) dividend. The ex-dividend date was Thursday, April 10th. This represents a yield of 1.51%. Begbies Traynor Group's payout ratio is currently 435.82%.

About Begbies Traynor Group

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.