Foxtons Group (LON:FOXT) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Foxtons Group plc (LON:FOXT)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 56.98 and traded as low as GBX 52. Foxtons Group shares last traded at GBX 52.20, with a volume of 1,004,561 shares traded.

Foxtons Group Stock Down 0.2%

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 firm’s 50 day moving average price is GBX 57.03 and its two-hundred day moving average price is GBX 56.98. The company has a market cap of £153.54 million, a P/E ratio of 10.42, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70.

Insider Buying and Selling

In related news, insider Nigel Rich CBE purchased 50,000 shares of the firm’s stock in a transaction on Friday, October 24th. The stock was purchased at an average cost of GBX 55 per share, with a total value of £27,500. Insiders own 9.16% of the company’s stock.

About Foxtons Group

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. The Financial Services segment offers mortgages and related products. Foxtons Group plc was founded in 1981 and is headquartered in London, the United Kingdom.