Foxtons Group (LON:FOXT) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Foxtons Group plc (LON:FOXT) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 57.01 and traded as high as GBX 58.30. Foxtons Group shares last traded at GBX 58.20, with a volume of 255,438 shares trading hands.

Foxtons Group Price Performance

The company has a debt-to-equity ratio of 44.83, a quick ratio of 0.90 and a current ratio of 0.70. The stock’s 50 day simple moving average is GBX 57.01 and its two-hundred day simple moving average is GBX 57.42. The firm has a market capitalization of £170.26 million, a PE ratio of 11.56, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70.

Insiders Place Their Bets

In related news, insider Nigel Rich CBE purchased 100,000 shares of Foxtons Group stock in a transaction dated Thursday, October 23rd. The shares were acquired at an average price of GBX 55 per share, for a total transaction of £55,000. Also, insider Peter Rollings purchased 772 shares of the stock in a transaction dated Thursday, October 16th. The shares were purchased at an average cost of GBX 55 per share, for a total transaction of £424.60. Insiders have acquired 150,772 shares of company stock worth $8,292,460 in the last three months. 9.16% of the stock is currently owned by corporate insiders.

Foxtons Group Company Profile

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. The Financial Services segment offers mortgages and related products. Foxtons Group plc was founded in 1981 and is headquartered in London, the United Kingdom.