Begbies Traynor Group’s (BEG) House Stock Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Begbies Traynor Group (LON:BEG – Get Rating) in a research note issued to investors on Monday morning, Digital Look reports.

Separately, Canaccord Genuity Group reissued a buy rating and set a GBX 180 ($2.24) price objective on shares of Begbies Traynor Group in a research note on Monday, February 27th.

Begbies Traynor Group Stock Performance

Shares of BEG stock opened at GBX 132 ($1.64) on Monday. Begbies Traynor Group has a 12-month low of GBX 115.50 ($1.44) and a 12-month high of GBX 156 ($1.94). The company has a current ratio of 1.44, a quick ratio of 1.35 and a debt-to-equity ratio of 18.88. The stock’s 50-day moving average price is GBX 126.39 and its 200-day moving average price is GBX 135.13. The stock has a market capitalization of £204.34 million, a price-to-earnings ratio of 6,600.00, a price-to-earnings-growth ratio of 2.95 and a beta of 0.26.

Begbies Traynor Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, May 5th. Stockholders of record on Thursday, April 6th were paid a dividend of GBX 1.20 ($0.01) per share. The ex-dividend date was Thursday, April 6th. This represents a dividend yield of 0.83%. Begbies Traynor Group’s dividend payout ratio is 20,000.00%.

Insider Activity at Begbies Traynor Group

In related news, insider John M. May bought 31,221 shares of the stock in a transaction on Friday, April 14th. The stock was bought at an average price of GBX 120 ($1.49) per share, for a total transaction of £37,465.20 ($46,598.51). 26.07% of the stock is owned by company insiders.

About Begbies Traynor Group

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Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments, Business Recovery and Financial Advisory Services; and Property Advisory and Transactional Services.