IntegraFin (LON:IHP) Stock Price Up 3.3% After Insider Buying Activity

Shares of IntegraFin Holdings plc (LON:IHP) rose 3.3% on Thursday after an insider bought additional shares in the company. The stock traded as high as GBX 306.50 ($4.13) and last traded at GBX 302.52 ($4.07). Approximately 2,020,669 shares traded hands during trading, an increase of 141% from the average daily volume of 840,163 shares. The stock had previously closed at GBX 292.90 ($3.94).

Specifically, insider Euan Marshall acquired 5,000 shares of IntegraFin stock in a transaction dated Wednesday, June 18th. The shares were acquired at an average cost of GBX 296 ($3.99) per share, for a total transaction of £14,800 ($19,929.98).

Analyst Upgrades and Downgrades

IHP has been the topic of several analyst reports. Shore Capital reiterated a “buy” rating on shares of IntegraFin in a research note on Wednesday, May 21st. Berenberg Bank reduced their price objective on IntegraFin from GBX 400 ($5.39) to GBX 380 ($5.12) and set a “buy” rating on the stock in a research note on Tuesday, April 15th.

IntegraFin Stock Performance

The company has a debt-to-equity ratio of 4.51, a current ratio of 1.01 and a quick ratio of 0.01. The company has a market capitalization of £1.01 billion, a price-to-earnings ratio of 19.18, a PEG ratio of 3.14 and a beta of 1.15. The stock has a 50 day simple moving average of GBX 313.28 and a two-hundred day simple moving average of GBX 332.32.

IntegraFin (LON:IHP) last posted its quarterly earnings results on Wednesday, May 21st. The company reported GBX 8.90 ($0.12) earnings per share for the quarter. IntegraFin had a return on equity of 26.21% and a net margin of 37.90%. As a group, analysts anticipate that IntegraFin Holdings plc will post 16.9090056 earnings per share for the current year.

About IntegraFin

IntegraFin Holdings plc (IntegraFin) is the holding company for all of the entities involved in the provision of the Transact service. Transact is one of the largest independent wrap platforms in the UK. It offers advisory professionals a comprehensive financial planning infrastructure for investing client assets in a tax-efficient way.