Foxtons Group (LON:FOXT) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Foxtons Group plc (LON:FOXT) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 63.09 ($0.82) and traded as low as GBX 62.36 ($0.81). Foxtons Group shares last traded at GBX 63.40 ($0.82), with a volume of 523,435 shares traded.

Foxtons Group Price Performance

The firm has a market capitalization of £193.22 million, a P/E ratio of 26.49, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70. The business has a 50-day moving average of GBX 65.23 and a 200 day moving average of GBX 63.07. The company has a current ratio of 0.70, a quick ratio of 0.90 and a debt-to-equity ratio of 44.83.

Foxtons Group (LON:FOXT) last issued its earnings results on Wednesday, March 5th. The company reported GBX 5 ($0.06) EPS for the quarter. Foxtons Group had a return on equity of 5.66% and a net margin of 4.69%. On average, sell-side analysts predict that Foxtons Group plc will post 5.4191363 earnings per share for the current fiscal year.

Insider Activity at Foxtons Group

In related news, insider Chris Hough purchased 30,000 shares of the business’s stock in a transaction on Thursday, March 6th. The stock was acquired at an average price of GBX 61 ($0.79) per share, for a total transaction of £18,300 ($23,670.94). 4.13% of the stock is currently owned by corporate insiders.

About Foxtons Group

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.