IntegraFin (LON:IHP) Shares Up 13.3% - Time to Buy?

IntegraFin Holdings plc (LON:IHP - Get Free Report) shares shot up 13.3% during trading on Tuesday . The stock traded as high as GBX 397.69 ($5.34) and last traded at GBX 367.50 ($4.93). 2,292,736 shares were traded during mid-day trading, an increase of 163% from the average session volume of 870,423 shares. The stock had previously closed at GBX 324.50 ($4.36).

Analyst Ratings Changes

Several research firms have recently commented on IHP. Deutsche Bank Aktiengesellschaft lifted their price objective on IntegraFin from GBX 360 ($4.83) to GBX 425 ($5.70) and gave the stock a "buy" rating in a report on Tuesday. Shore Capital reiterated a "buy" rating and issued a GBX 390 ($5.23) price objective on shares of IntegraFin in a report on Tuesday. Finally, Berenberg Bank lifted their price objective on IntegraFin from GBX 380 ($5.10) to GBX 440 ($5.91) and gave the stock a "buy" rating in a report on Tuesday.

IntegraFin Stock Performance

The company has a market cap of £1.24 billion, a PE ratio of 23.62, a P/E/G ratio of 3.14 and a beta of 1.15. The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 4.51. The business has a fifty day moving average of GBX 322.36 and a 200-day moving average of GBX 325.63.

IntegraFin (LON:IHP - Get Free Report) last announced its quarterly earnings results on Wednesday, May 21st. The company reported GBX 8.90 ($0.12) earnings per share (EPS) for the quarter. IntegraFin had a return on equity of 26.21% and a net margin of 37.90%. Equities research analysts anticipate that IntegraFin Holdings plc will post 16.9090056 earnings per share for the current fiscal year.

Insider Transactions at IntegraFin

In other IntegraFin news, insider Euan Marshall purchased 6,000 shares of IntegraFin stock in a transaction that occurred on Wednesday, May 21st. The shares were bought at an average price of GBX 317 ($4.26) per share, for a total transaction of £19,020 ($25,530.20). In the last quarter, insiders bought 15,144 shares of company stock worth $4,898,831. 26.12% of the stock is owned by insiders.

IntegraFin Company Profile

IntegraFin Holdings plc (IntegraFin) is the holding company for all of the entities involved in the provision of the Transact service. Transact is one of the largest independent wrap platforms in the UK. It offers advisory professionals a comprehensive financial planning infrastructure for investing client assets in a tax-efficient way.