IntegraFin (LON:IHP) Trading Down 12.2% – What’s Next?

Shares of IntegraFin Holdings plc (LON:IHP) were down 12.2% on Wednesday . The stock traded as low as GBX 338 ($4.30) and last traded at GBX 342.50 ($4.35). Approximately 1,609,370 shares were traded during trading, an increase of 263% from the average daily volume of 443,484 shares. The stock had previously closed at GBX 390 ($4.96).

Analyst Ratings Changes

Several research analysts recently weighed in on IHP shares. Deutsche Bank Aktiengesellschaft increased their target price on IntegraFin from GBX 335 ($4.26) to GBX 400 ($5.09) and gave the stock a “hold” rating in a research report on Tuesday, September 10th. Berenberg Bank restated a “buy” rating and issued a GBX 400 ($5.09) price objective on shares of IntegraFin in a report on Tuesday, October 15th. Finally, Shore Capital reiterated a “hold” rating on shares of IntegraFin in a report on Tuesday, October 15th.

IntegraFin Trading Down 12.7 %

The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.01 and a current ratio of 8.80. The stock has a market capitalization of £1.13 billion, a P/E ratio of 2,190.63, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15. The business has a 50 day simple moving average of GBX 379.39 and a 200-day simple moving average of GBX 369.16.

IntegraFin Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be issued a dividend of GBX 7.20 ($0.09) per share. This represents a dividend yield of 1.85%. This is a positive change from IntegraFin’s previous dividend of $3.20. The ex-dividend date of this dividend is Thursday, January 2nd. IntegraFin’s payout ratio is currently 6,250.00%.

IntegraFin Company Profile

IntegraFin Holdings plc, together with its subsidiaries, provides an investment platform for UK financial advisers and their clients. It operates through Investment administration services, Insurance and life assurance business, and Adviser back-office technology segments. The company operates Transact, a wrap platform that enable advisers to consolidate their clients investments using tax efficient wrappers and provide range of investment choice; and Time4Advice (T4A), an adviser practice management solution.