Knights Group - KGH Share Forecast, Price & News

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services, in the areas of banking, commercial, corporate, data protection, debt recovery, dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services, including agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates. Further, it offers real estate; restructuring and insolvency; regulatory; and tax services. The company serves aviation, consumer and retail, energy, waste and natural resources, financial and professional services, healthcare, industrials, transport and support services, property management and development, agricultural and the food supply chain, technology, and media and telecommunications sectors. Knights Group Holdings plc was founded in 1759 and is based in Newcastle-under-Lyme, the United Kingdom.

Knights Group Stock Up 0.3 %

Shares of LON:KGH opened at GBX 100.35 ($1.21) on Friday. The firm has a market cap of £86.11 million and a price-to-earnings ratio of 2,508.75. Knights Group has a 52-week low of GBX 83.80 ($1.01) and a 52-week high of GBX 445 ($5.38). The company's 50-day simple moving average is GBX 112.09 and its 200-day simple moving average is GBX 191.28. The company has a quick ratio of 2.10, a current ratio of 2.32 and a debt-to-equity ratio of 93.02.

Knights Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 1st will be given a dividend of GBX 2.04 ($0.02) per share. The ex-dividend date is Thursday, September 1st. This is a positive change from Knights Group's previous dividend of $1.46. This represents a yield of 2.15%. Knights Group's payout ratio is presently 36.50%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "sell" rating on shares of Knights Group in a research note on Thursday, August 4th.

Insider Buying and Selling

In other Knights Group news, insider Balbinder Singh Johal purchased 10,000 shares of the stock in a transaction that occurred on Thursday, June 9th. The shares were purchased at an average cost of GBX 129 ($1.56) per share, for a total transaction of £12,900 ($15,587.24). In related news, insider Balbinder Singh Johal purchased 10,000 shares of Knights Group stock in a transaction dated Thursday, June 9th. The shares were acquired at an average cost of GBX 129 ($1.56) per share, with a total value of £12,900 ($15,587.24). Also, insider David Andrew Beech purchased 936,345 shares of Knights Group stock in a transaction dated Thursday, May 19th. The stock was bought at an average cost of GBX 107 ($1.29) per share, for a total transaction of £1,001,889.15 ($1,210,595.88). Over the last three months, insiders have acquired 956,345 shares of company stock worth $102,858,915.