Franchise Brands (LON:FRAN) Reaches New 1-Year Low - Here's Why

Key Points

• Franchise Brands plc's stock price hit a new 52-week low at GBX 118 ($1.57) amidst trading volumes of 145,673 shares.
• The company has a market capitalization of £227.07 million and a notably high P/E ratio of 2,935.32, indicating potential concerns about its profitability.
• Insider transactions included Andrew Mallows selling 223,906 shares while Stephen Hemsley purchased 50,000 shares, reflecting mixed signals on insider confidence.

Franchise Brands plc (LON:FRAN - Get Free Report)'s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 118 ($1.57) and last traded at GBX 118 ($1.57), with a volume of 145673 shares. The stock had previously closed at GBX 119 ($1.59).

Franchise Brands Price Performance

The company has a fifty day moving average of GBX 133.76 and a 200 day moving average of GBX 140.57. The firm has a market capitalization of £227.07 million, a P/E ratio of 2,935.32 and a beta of 0.82. The company has a debt-to-equity ratio of 42.67, a current ratio of 1.39 and a quick ratio of 1.57.

Franchise Brands (LON:FRAN - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported GBX 4.42 EPS for the quarter. Franchise Brands had a return on equity of 3.60% and a net margin of 6.43%. Sell-side analysts predict that Franchise Brands plc will post 11.3266098 earnings per share for the current year.

Insider Buying and Selling

In other Franchise Brands news, insider Andrew Mallows sold 223,906 shares of the stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of GBX 134, for a total transaction of £300,034.04. Also, insider Stephen Hemsley purchased 50,000 shares of the business's stock in a transaction on Wednesday, October 8th. The shares were acquired at an average price of GBX 121 per share, for a total transaction of £60,500. 31.73% of the stock is currently owned by corporate insiders.

About Franchise Brands

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees. The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group's central support services, particularly technology, marketing, and finance.

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