Foxtons Group (LON:FOXT) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Foxtons Group plc (LON:FOXT)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 63.06 ($0.81) and traded as low as GBX 62.84 ($0.81). Foxtons Group shares last traded at GBX 63 ($0.81), with a volume of 179,980 shares changing hands.

Foxtons Group Price Performance

The stock has a fifty day simple moving average of GBX 64.95 and a 200-day simple moving average of GBX 63.07. The stock has a market cap of £191.79 million, a price-to-earnings ratio of 26.29, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70. The company has a current ratio of 0.70, a quick ratio of 0.90 and a debt-to-equity ratio of 44.83.

Foxtons Group (LON:FOXT) last released its quarterly earnings results on Wednesday, March 5th. The company reported GBX 5 ($0.06) earnings per share (EPS) for the quarter. Foxtons Group had a return on equity of 5.66% and a net margin of 4.69%. As a group, equities research analysts expect that Foxtons Group plc will post 5.4191363 EPS for the current year.

Foxtons Group Increases Dividend

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

Insider Activity

In other news, insider Chris Hough acquired 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of GBX 61 ($0.79) per share, for a total transaction of £18,300 ($23,561.22). Insiders own 4.13% 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.