The Property Franchise Group (LON:TPFG) Trading Down 1.1% – Should You Sell?

The Property Franchise Group PLC (LON:TPFG)’s share price traded down 1.1% during trading on Thursday . The company traded as low as GBX 443 ($5.73) and last traded at GBX 443.75 ($5.74). 151,837 shares changed hands during trading, an increase of 52% from the average session volume of 99,842 shares. The stock had previously closed at GBX 448.50 ($5.80).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 589 ($7.62) price objective on shares of The Property Franchise Group in a research report on Thursday, January 30th.

The Property Franchise Group Stock Performance

The firm has a market cap of £283.03 million, a PE ratio of 18.38 and a beta of 0.42. The firm’s 50-day moving average price is GBX 421.12 and its two-hundred day moving average price is GBX 430.35.

Insider Activity at The Property Franchise Group

In related news, insider Michelle Brook sold 8,788 shares of the company’s stock in a transaction on Monday, February 17th. The shares were sold at an average price of GBX 439 ($5.68), for a total value of £38,579.32 ($49,902.11). Also, insider David Arthur Raggett purchased 5,000 shares of The Property Franchise Group stock in a transaction that occurred on Friday, December 20th. The stock was acquired at an average price of GBX 394 ($5.10) per share, with a total value of £19,700 ($25,481.83). Insiders purchased a total of 20,000 shares of company stock valued at $8,000,000 over the last ninety days. Insiders own 19.92% of the company’s stock.

About The Property Franchise Group

The Property Franchise Group PLC (AIM: TPFG) is the UK’s largest multi-brand property franchisor, with a network of over 1,946 outlets delivering high quality services to residential clients, combined with an established Financial Services business.

The Company was founded in 1986 and has since strategically grown to a diverse portfolio of 18 brands operating throughout the UK, comprising longstanding high-street focused brands and two hybrid brands.