Begbies Traynor Group (LON:BEG) Earns House Stock Rating from Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Begbies Traynor Group (LON:BEG – Get Rating) in a research report report published on Monday morning, Digital Look reports.

Separately, Canaccord Genuity Group restated a buy rating and set a GBX 180 ($2.24) price target on shares of Begbies Traynor Group in a report on Monday, February 27th.

Begbies Traynor Group Stock Performance

BEG stock opened at GBX 124.50 ($1.55) on Monday. The company has a debt-to-equity ratio of 18.88, a quick ratio of 1.35 and a current ratio of 1.44. The stock has a market cap of £192.73 million, a P/E ratio of 6,225.00, a P/E/G ratio of 2.95 and a beta of 0.26. The firm has a 50 day simple moving average of GBX 126.60 and a 200 day simple moving average of GBX 135.06. Begbies Traynor Group has a 52 week low of GBX 115.50 ($1.44) and a 52 week high of GBX 156 ($1.94).

Begbies Traynor Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, May 5th. Stockholders of record on Thursday, April 6th were paid a GBX 1.20 ($0.01) dividend. The ex-dividend date was Thursday, April 6th. This represents a dividend yield of 0.83%. Begbies Traynor Group’s dividend payout ratio is presently 20,000.00%.

Insider Activity at Begbies Traynor Group

In other Begbies Traynor Group news, insider John M. May purchased 31,221 shares of the business’s stock in a transaction that occurred on Friday, April 14th. The stock was acquired at an average cost of GBX 120 ($1.49) per share, with a total value of £37,465.20 ($46,598.51). 26.07% of the stock is currently owned by company insiders.

Begbies Traynor Group Company Profile

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Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments, Business Recovery and Financial Advisory Services; and Property Advisory and Transactional Services.