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 reached a new 52-week high during trading on Monday . The stock traded as high as GBX 106.50 ($1.45) and last traded at GBX 106.50 ($1.45), with a volume of 154185 shares trading hands. The stock had previously closed at GBX 101.67 ($1.38).

Begbies Traynor Group Stock Down 0.5%

The firm has a 50-day moving average price of GBX 97.54 and a 200 day moving average price of GBX 95.97. The company has a debt-to-equity ratio of 23.79, a current ratio of 1.31 and a quick ratio of 1.35. The company has a market cap of £170.37 million, a price-to-earnings ratio of 116.58, a P/E/G ratio of 2.95 and a beta of 0.37.

Begbies Traynor Group Cuts Dividend

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

Begbies Traynor Group Company Profile

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.