The Property Franchise Group (LON:TPFG) Stock Price Down 0.6%

The Property Franchise Group PLC (LON:TPFG) was down 0.6% during mid-day trading on Tuesday . The stock traded as low as GBX 435.24 ($5.52) and last traded at GBX 437.50 ($5.55). Approximately 182,367 shares changed hands during trading, an increase of 131% from the average daily volume of 78,803 shares. The stock had previously closed at GBX 440 ($5.58).

Analyst Ratings Changes

Separately, Berenberg Bank upped their target price on shares of The Property Franchise Group from GBX 521 ($6.61) to GBX 589 ($7.47) and gave the company a “buy” rating in a report on Monday, June 3rd.

The Property Franchise Group Stock Performance

The stock has a 50 day moving average of GBX 406.03 and a 200 day moving average of GBX 365.18. The company has a market capitalization of £273.86 million, a price-to-earnings ratio of 1,988.64 and a beta of 0.34. The company has a quick ratio of 1.20, a current ratio of 1.11 and a debt-to-equity ratio of 11.13.

The Property Franchise Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 12th. Stockholders of record on Thursday, May 16th were paid a GBX 7.40 ($0.09) dividend. This is a positive change from The Property Franchise Group’s previous dividend of $2.00. This represents a dividend yield of 2.14%. The ex-dividend date was Thursday, May 16th. The Property Franchise Group’s dividend payout ratio is currently 5,454.55%.

The Property Franchise Group Company Profile

The Property Franchise Group PLC manages and leases residential real estate properties in the United Kingdom. The company operates through two segments: Property Franchising and Financial Services. It provides residential letting, estate agency, sales and property management services; and financial services, as well as operates as property franchisor.