Paragon Banking Group PLC (LON:PAG) Insider Acquires £25,139.52 in Stock

Paragon Banking Group PLC (LON:PAG) insider Nigel S. Terrington acquired 3,248 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The shares were purchased at an average cost of GBX 774 ($10.36) per share, for a total transaction of £25,139.52 ($33,662.99).

Paragon Banking Group Stock Up 0.5 %

Shares of PAG opened at GBX 777 ($10.40) on Friday. The company has a market capitalization of £1.59 billion, a PE ratio of 1,177.27, a PEG ratio of 0.50 and a beta of 1.52. Paragon Banking Group PLC has a 12 month low of GBX 439.18 ($5.88) and a 12 month high of GBX 868 ($11.62). The stock’s 50-day moving average price is GBX 764.50 and its two-hundred day moving average price is GBX 737.01. The company has a current ratio of 1.21, a quick ratio of 1.48 and a debt-to-equity ratio of 168.79.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada reissued an “outperform” rating and set a GBX 875 ($11.72) price objective on shares of Paragon Banking Group in a report on Wednesday, July 31st.

About Paragon Banking Group

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.