IntegraFin (LON:IHP) Trading Up 13.3% - Here's What Happened

IntegraFin Holdings plc (LON:IHP - Get Free Report)'s share price shot up 13.3% during trading on Tuesday . The company traded as high as GBX 397.69 ($5.34) and last traded at GBX 367.50 ($4.93). 2,295,236 shares traded 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 ($4.35).

Analyst Ratings Changes

A number of research analysts have issued reports on IHP shares. Shore Capital reiterated a "buy" rating and issued a GBX 390 ($5.23) target price on shares of IntegraFin in a research report on Tuesday. Deutsche Bank Aktiengesellschaft raised their price target on shares of IntegraFin from GBX 360 ($4.83) to GBX 425 ($5.70) and gave the company a "buy" rating in a research note on Tuesday. Finally, Berenberg Bank upped their price objective on shares of IntegraFin from GBX 380 ($5.10) to GBX 440 ($5.90) and gave the stock a "buy" rating in a research report on Tuesday.

IntegraFin Price Performance

The stock has a 50 day moving average price of GBX 320.21 and a 200 day moving average price of GBX 325.16. The stock has a market capitalization of £1.22 billion, a price-to-earnings ratio of 23.30, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15. The company has a quick ratio of 0.01, a current ratio of 1.01 and a debt-to-equity ratio of 4.51.

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

Insider Buying and Selling

In other news, insider Euan Marshall bought 6,000 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was acquired at an average price of GBX 317 ($4.25) per share, with a total value of £19,020 ($25,523.35). Over the last 90 days, insiders bought 11,144 shares of company stock worth $3,426,831. 26.12% of the stock is currently 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.