IntegraFin (LON:IHP) Trading 3.3% Higher on Insider Buying Activity

IntegraFin Holdings plc (LON:IHP - Get Free Report) shares were up 3.3% during mid-day trading on Thursday after an insider bought additional shares in the company. The company traded as high as GBX 306.50 ($4.13) and last traded at GBX 302.52 ($4.07). Approximately 2,020,669 shares were traded during mid-day trading, an increase of 141% from the average daily volume of 840,163 shares. The stock had previously closed at GBX 292.90 ($3.94).

Specifically, insider Euan Marshall bought 5,000 shares of the firm's stock in a transaction dated Wednesday, June 18th. The stock was bought at an average price of GBX 296 ($3.99) per share, with a total value of £14,800 ($19,929.98).

Analyst Ratings Changes

IHP has been the topic of a number of recent analyst reports. Shore Capital restated a "buy" rating on shares of IntegraFin in a research note on Wednesday, May 21st. Berenberg Bank reduced their target price on IntegraFin from GBX 400 ($5.39) to GBX 380 ($5.12) and set a "buy" rating on the stock in a report on Tuesday, April 15th.

IntegraFin Trading Up 3.3%

The company has a debt-to-equity ratio of 4.51, a quick ratio of 0.01 and a current ratio of 1.01. The firm has a market cap of £1.01 billion, a P/E ratio of 19.18, a PEG ratio of 3.14 and a beta of 1.15. The company has a 50 day moving average of GBX 313.28 and a 200 day moving average of GBX 332.32.

IntegraFin (LON:IHP - Get Free Report) last released 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%. Analysts predict that IntegraFin Holdings plc will post 16.9090056 EPS for the current fiscal year.

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.

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