Insider Buying: The Property Franchise Group PLC (LON:TPFG) Insider Acquires 5,000 Shares of Stock

The Property Franchise Group PLC (LON:TPFG) insider David Arthur Raggett acquired 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was purchased at an average cost of GBX 402 ($5.05) per share, with a total value of £20,100 ($25,260.78).

David Arthur Raggett also recently made the following trade(s):

• On Friday, December 20th, David Arthur Raggett purchased 5,000 shares of The Property Franchise Group stock. The stock was acquired at an average price of GBX 394 ($4.95) per share, with a total value of £19,700 ($24,758.07).
• On Thursday, September 26th, David Arthur Raggett sold 212,400 shares of The Property Franchise Group stock. The stock was sold at an average price of GBX 425 ($5.34), for a total transaction of £902,700 ($1,134,472.79).

The Property Franchise Group Trading Down 0.9 %

Shares of TPFG stock opened at GBX 394 ($4.95) on Friday. The company has a market capitalization of £251.18 million, a P/E ratio of 2,073.68 and a beta of 0.42. The company has a current ratio of 0.85, a quick ratio of 1.20 and a debt-to-equity ratio of 15.84. The business’s 50 day moving average is GBX 425.78 and its two-hundred day moving average is GBX 440.57. The Property Franchise Group PLC has a twelve month low of GBX 305 ($3.83) and a twelve month high of GBX 490 ($6.16).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 589 ($7.40) target price on shares of The Property Franchise Group in a report on Tuesday, September 10th.

The Property Franchise Group Company Profile

The Property Franchise Group PLC manages and leases residential real estate properties in the United Kingdom. The company operates through two segments: Property Franchising and Financial Services. It provides residential letting, estate agency, sales and property management services; and financial services, as well as operates as property franchisor.