Begbies Traynor Group (LON:BEG) Shares Cross Above 200-Day Moving Average - Should You Sell?

Begbies Traynor Group plc (LON:BEG - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 94.99 ($1.21) and traded as high as GBX 100 ($1.28). Begbies Traynor Group shares last traded at GBX 98.80 ($1.26), with a volume of 317,454 shares traded.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Canaccord Genuity Group lifted their price target on Begbies Traynor Group from GBX 148 ($1.89) to GBX 150 ($1.92) and gave the stock a "buy" rating in a report on Tuesday, December 10th. Shore Capital reiterated a "house stock" rating on shares of Begbies Traynor Group in a report on Tuesday, December 10th. Finally, Berenberg Bank restated a "buy" rating and set a GBX 150 ($1.92) price target on shares of Begbies Traynor Group in a report on Thursday, December 12th.

Begbies Traynor Group Trading Down 0.8 %

The firm has a market capitalization of £150.63 million, a PE ratio of 103.07, a PEG ratio of 2.95 and a beta of 0.37. The business has a fifty day moving average price of GBX 95.53 and a two-hundred day moving average price of GBX 94.77. The company has a current ratio of 1.31, a quick ratio of 1.35 and a debt-to-equity ratio of 23.79.

Begbies Traynor Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Thursday, April 10th will be paid a GBX 1.40 ($0.02) dividend. This represents a dividend yield of 1.51%. The ex-dividend date of this dividend is Thursday, April 10th. Begbies Traynor Group's dividend payout ratio (DPR) 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.