IntegraFin (LON:IHP) Trading 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). 2,295,236 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 ($4.36).

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Berenberg Bank raised their target price on shares of IntegraFin from GBX 380 ($5.10) to GBX 440 ($5.91) and gave the company a "buy" rating in a research report on Tuesday. Shore Capital restated a "buy" rating and issued a GBX 390 ($5.23) target price on shares of IntegraFin in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of IntegraFin from GBX 360 ($4.83) to GBX 425 ($5.70) and gave the company a "buy" rating in a research report on Tuesday.

IntegraFin Stock Up 1.2%

The firm's 50 day moving average price is GBX 322.36 and its two-hundred day moving average price is GBX 325.63. The company has a market cap of £1.24 billion, a P/E ratio of 23.62, 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 quick ratio of 0.01 and a current ratio of 1.01.

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

Insider Activity

In related news, insider Euan Marshall purchased 6,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The stock was acquired 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 acquired 15,144 shares of company stock valued at $4,898,831. 26.12% of the stock is owned by company insiders.

About IntegraFin

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.