Foxtons Group (OTCMKTS:FXTGY) Shares Down 27.4% - Here's What Happened

Key Points

• Foxtons Group shares plummeted by 27.4% during trading, reaching a low of $1.13, down from a previous close of $1.56.
• The company has a dividend yield of 162.0%, with a recent dividend payment of $0.0051 per share, which has raised concerns among investors.
• Foxtons operates in the residential property market in the UK, with segments in Lettings, Sales, and Financial Services.

Foxtons Group PLC Unsponsored ADR (OTCMKTS:FXTGY - ) shares were down 27.4% during mid-day trading on Friday . The stock traded as low as $1.13 and last traded at $1.13. Approximately 400 shares traded hands during trading, The stock had previously closed at $1.56.

Foxtons Group Stock Performance

The firm has a 50-day moving average of $0.99 and a two-hundred day moving average of $1.52.

Foxtons Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, August 12th were given a dividend of $0.0051 per share. This represents a dividend yield of 162.0%. The ex-dividend date of this dividend was Monday, August 11th.

Foxtons Group Company Profile

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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