IntegraFin (LON:IHP) Trading 13.3% Higher - Here's Why

IntegraFin Holdings plc (LON:IHP - Get Free Report) shares traded up 13.3% on Tuesday . The stock traded as high as GBX 397.69 ($5.32) and last traded at GBX 367.50 ($4.92). 2,295,236 shares changed hands during trading, an increase of 164% from the average session volume of 870,441 shares. The stock had previously closed at GBX 324.50 ($4.34).

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Berenberg Bank upped their target price on shares of IntegraFin from GBX 380 ($5.09) to GBX 440 ($5.89) and gave the stock a "buy" rating in a research report on Tuesday. Shore Capital restated a "buy" rating and set a GBX 390 ($5.22) target price on shares of IntegraFin in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of IntegraFin from GBX 360 ($4.82) to GBX 425 ($5.69) and gave the company a "buy" rating in a research report on Tuesday.

IntegraFin Stock Up 0.4%

The firm's 50-day moving average price is GBX 319.16 and its 200 day moving average price is GBX 324.86. The firm has a market capitalization of £1.23 billion, a price-to-earnings ratio of 23.40, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15. The company has a debt-to-equity ratio of 4.51, a current ratio of 1.01 and a quick ratio of 0.01.

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

Insider Activity at IntegraFin

In other news, insider Euan Marshall bought 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The shares were purchased at an average price of GBX 296 ($3.96) per share, for a total transaction of £14,800 ($19,815.24). Insiders have purchased 11,144 shares of company stock valued at $3,426,831 in the last quarter. 26.12% of the stock is owned by corporate 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.