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

IntegraFin Holdings plc (LON:IHP - Get Free Report) shot up 13.3% during trading on Tuesday . The company traded as high as GBX 397.69 ($5.32) and last traded at GBX 367.50 ($4.92). 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 ($4.34).

Wall Street Analyst Weigh In

A number of research firms have recently commented on IHP. Berenberg Bank raised their price target on IntegraFin from GBX 380 ($5.09) to GBX 440 ($5.89) and gave the stock a "buy" rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft lifted their target price on IntegraFin from GBX 360 ($4.82) to GBX 425 ($5.69) and gave the company a "buy" rating in a research report on Tuesday. Finally, Shore Capital reissued a "buy" rating and issued a GBX 390 ($5.22) target price on shares of IntegraFin in a research report on Tuesday.

IntegraFin Stock Performance

The company has a quick ratio of 0.01, a current ratio of 1.01 and a debt-to-equity ratio of 4.51. The stock has a 50 day simple moving average of GBX 319.16 and a two-hundred day simple moving average of GBX 324.86. The stock has a market capitalization of £1.22 billion, a P/E ratio of 23.30, a P/E/G ratio of 3.14 and a beta of 1.15.

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

Insider Activity at IntegraFin

In other IntegraFin news, insider Euan Marshall bought 6,000 shares of IntegraFin stock in a transaction dated Wednesday, May 21st. The stock was bought at an average cost of GBX 317 ($4.24) per share, for a total transaction of £19,020 ($25,465.26). In the last ninety days, insiders purchased 11,144 shares of company stock worth $3,426,831. Insiders own 26.12% of the company's stock.

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.