Foxtons Group (LON:FOXT) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Foxtons Group plc (LON:FOXT) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 63.06 ($0.81) and traded as low as GBX 62.84 ($0.81). Foxtons Group shares last traded at GBX 63 ($0.81), with a volume of 179,980 shares traded.

Foxtons Group Stock Performance

The company has a debt-to-equity ratio of 44.83, a current ratio of 0.70 and a quick ratio of 0.90. The firm has a market capitalization of £191.79 million, a PE ratio of 26.29, a P/E/G ratio of 0.83 and a beta of 1.70. The firm has a fifty day moving average price of GBX 64.95 and a 200 day moving average price of GBX 63.07.

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

Foxtons Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 16th. Stockholders of record on Thursday, April 10th will be issued a GBX 0.95 ($0.01) dividend. The ex-dividend date is Thursday, April 10th. This represents a dividend yield of 1.51%. This is a positive change from Foxtons Group’s previous dividend of $0.22. Foxtons Group’s dividend payout ratio is presently 41.78%.

Insider Activity

In other news, insider Chris Hough bought 30,000 shares of the company’s stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of GBX 61 ($0.79) per share, with a total value of £18,300 ($23,561.22). 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.