Foxtons Group (LON:FOXT) Sets New 1-Year Low - Time to Sell?

Key Points

• Foxtons Group's shares have reached a new 52-week low, trading as low as GBX 50.10 ($0.67) before closing at GBX 55 ($0.73).
• Analysts maintain a "buy" rating for the company, with Deutsche Bank setting a price target of GBX 78 and a current consensus rating of "Buy."
• Insider Peter Rollings has purchased shares at GBX 55, indicating confidence in the company's prospects, amidst a backdrop of low current ratios and high debt-to-equity ratios.

Shares of Foxtons Group plc (LON:FOXT - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 50.10 ($0.67) and last traded at GBX 55 ($0.73), with a volume of 1274718 shares. The stock had previously closed at GBX 56.40 ($0.75).

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 78 price target on shares of Foxtons Group in a research note on Thursday, July 31st. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of GBX 78.

Foxtons Group Price Performance

The company's fifty day moving average is GBX 55.70 and its 200 day moving average is GBX 59.18. The company has a quick ratio of 0.90, a current ratio of 0.70 and a debt-to-equity ratio of 44.83. The stock has a market cap of £163.93 million, a PE ratio of 11.00, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70.

Foxtons Group (LON:FOXT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported GBX 2.70 EPS for the quarter. Foxtons Group had a net margin of 4.69% and a return on equity of 5.66%. As a group, sell-side analysts anticipate that Foxtons Group plc will post 5.4191363 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Peter Rollings acquired 772 shares of the business's stock in a transaction on Thursday, October 16th. The shares were bought at an average cost of GBX 55 per share, with a total value of £424.60. 9.20% of the stock is owned by company insiders.

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.

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