Foxtons Group (LON:FOXT) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Foxtons Group plc (LON:FOXT) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 59.66 ($0.79) and traded as high as GBX 64.02 ($0.84). Foxtons Group shares last traded at GBX 63 ($0.83), with a volume of 438,501 shares.

Foxtons Group Stock Up 1.0%

The company has a market capitalization of £192.00 million, a P/E ratio of 26.32, a PEG ratio of 0.83 and a beta of 1.70. The company has a debt-to-equity ratio of 44.83, a quick ratio of 0.90 and a current ratio of 0.70. The stock has a 50 day moving average price of GBX 59.66 and a 200 day moving average price of GBX 62.01.

Foxtons Group (LON:FOXT) last announced its quarterly earnings data on Wednesday, March 5th. The company reported GBX 5 ($0.07) earnings per share for the quarter. Foxtons Group had a return on equity of 5.66% and a net margin of 4.69%. Equities research analysts forecast that Foxtons Group plc will post 5.4191363 earnings per share for the current fiscal year.

Foxtons Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 16th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 0.95 ($0.01) per share. This represents a dividend yield of 1.51%. The ex-dividend date is Thursday, April 10th. This is an increase from Foxtons Group’s previous dividend of $0.22. Foxtons Group’s dividend payout ratio (DPR) is 41.78%.

Insider Activity

In related news, insider Chris Hough acquired 30,000 shares of the stock in a transaction on Thursday, March 6th. The stock was purchased at an average price of GBX 61 ($0.80) per share, for a total transaction of £18,300 ($24,110.67). Corporate insiders own 4.13% of the company’s stock.

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.