Insider Selling: Begbies Traynor Group plc (LON:BEG) Insider Sells 112,000 Shares of Stock

Begbies Traynor Group plc (LON:BEG - Get Free Report) insider Mark Fry sold 112,000 shares of the stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of GBX 124 ($1.66), for a total value of £138,880 ($186,366.08).

Begbies Traynor Group Trading Down 0.8%

Shares of BEG stock opened at GBX 123 ($1.65) on Thursday. The business's fifty day moving average is GBX 106.12 and its 200 day moving average is GBX 99.19. Begbies Traynor Group plc has a 52-week low of GBX 83.08 ($1.11) and a 52-week high of GBX 128.16 ($1.72). The company has a debt-to-equity ratio of 23.79, a quick ratio of 1.35 and a current ratio of 1.31. The company has a market capitalization of £195.85 million, a PE ratio of 134.01, a price-to-earnings-growth ratio of 2.95 and a beta of 0.37.

Begbies Traynor Group (LON:BEG - Get Free Report) last released its quarterly earnings results on Tuesday, July 8th. The company reported GBX 11 ($0.15) earnings per share for the quarter. Begbies Traynor Group had a return on equity of 1.83% and a net margin of 1.06%. On average, equities research analysts anticipate that Begbies Traynor Group plc will post 10.1495972 EPS for the current fiscal year.

Begbies Traynor Group Cuts Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on BEG shares. Canaccord Genuity Group increased their price objective on Begbies Traynor Group from GBX 153 ($2.05) to GBX 157 ($2.11) and gave the company a "buy" rating in a report on Tuesday, July 8th. Shore Capital restated a "house stock" rating on shares of Begbies Traynor Group in a research report on Tuesday, July 8th. Finally, Berenberg Bank restated a "buy" rating and set a GBX 150 ($2.01) target price on shares of Begbies Traynor Group in a research report on Wednesday, July 9th.

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.

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