Nigel Rich CBE Purchases 100,000 Shares of Foxtons Group (LON:FOXT) Stock

Key Points

• Nigel Rich CBE, an insider at Foxtons Group, purchased 100,000 shares of the company at an average price of GBX 55 per share, totaling £55,000.
• Foxtons Group's current stock price is GBX 54.90, with a market capitalization of £163.63 million and a PE ratio of 10.98.
• Analysts maintain a buy rating for Foxtons Group, with a price target of GBX 78, indicating positive future expectations for the stock.

Foxtons Group plc (LON:FOXT - Get Free Report) insider Nigel Rich CBE purchased 100,000 shares of Foxtons Group stock in a transaction dated Thursday, October 23rd. The stock was bought at an average cost of GBX 55 per share, with a total value of £55,000.

Foxtons Group Price Performance

Shares of LON:FOXT traded down GBX 0.10 during trading on Friday, reaching GBX 54.90. The company had a trading volume of 446,897 shares, compared to its average volume of 536,770. The firm's fifty day moving average is GBX 55.66 and its 200 day moving average is GBX 59.19. The firm has a market capitalization of £163.63 million, a PE ratio of 10.98, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70. Foxtons Group plc has a twelve month low of GBX 50.10 and a twelve month high of GBX 71.18. The company has a debt-to-equity ratio of 44.83, a quick ratio of 0.90 and a current ratio of 0.70.

Foxtons Group (LON:FOXT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported GBX 2.70 earnings per share for the quarter. Foxtons Group had a net margin of 4.69% and a return on equity of 5.66%. On average, equities analysts forecast that Foxtons Group plc will post 5.4191363 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 78 target price on shares of Foxtons Group in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of GBX 78.

Foxtons Group Company Profile

Foxtons Group plc, an estate agency, provides services to the residential property market in the United Kingdom. The company operates through three segments: Lettings, Sales, and Financial Services. The Lettings segment engages in letting and management of residential properties. The Sales segment sells residential properties.

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