Insider Buying: Begbies Traynor Group plc (LON:BEG) Insider Purchases £24,995.74 in Stock

Begbies Traynor Group plc (LON:BEG) insider John M. May purchased 32,462 shares of the company’s stock in a transaction on Tuesday, July 9th. The stock was acquired at an average price of GBX 77 ($1.01) per share, with a total value of £24,995.74 ($32,661.36).

Shares of BEG opened at GBX 82.25 ($1.07) on Friday. The stock has a market cap of $94.19 million and a PE ratio of 82.25. Begbies Traynor Group plc has a 1 year low of GBX 56 ($0.73) and a 1 year high of GBX 77 ($1.01). The business’s 50 day moving average price is GBX 73.08. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 18.07.

The company also recently disclosed a dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, October 10th will be issued a dividend of GBX 1.80 ($0.02) per share. This represents a dividend yield of 2.35%. This is a boost from Begbies Traynor Group’s previous dividend of $0.80. The ex-dividend date of this dividend is Thursday, October 10th. Begbies Traynor Group’s dividend payout ratio is 3.00%.

Several analysts have recently issued reports on the company. Canaccord Genuity reaffirmed a “buy” rating and set a $7.50 price objective on shares of in a report on Tuesday. Shore Capital reaffirmed a “buy” rating and set a GBX 5,750 ($75.13) price objective on shares of Whitbread in a report on Tuesday, May 7th.

Begbies Traynor Group Company Profile

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, other stakeholders, and investors and financial institutions in the United Kingdom. The company operates in two segments, Business Recovery and Advisory Services; and Property Services. It offers business rescue options, advisory options, closure options, forensic accounting and technology, investigations, corporate and commercial finance, and personal insolvency solutions to accountants, asset based lenders, banks, creditors, and solicitors, as well as directors and business owners.

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