Franchise Brands (LON:FRAN) Stock Price Down 1.5% – Time to Sell?

Posted by Defense World Staff on Nov 29th, 2024

Franchise Brands plc (LON:FRAN – Get Free Report)’s stock price was down 1.5% during trading on Thursday . The stock traded as low as GBX 164 ($2.08) and last traded at GBX 165 ($2.09). Approximately 71,099 shares were traded during trading, a decline of 80% from the average daily volume of 355,270 shares. The stock had previously closed at GBX 167.50 ($2.13).

Franchise Brands Trading Down 1.5 %

The stock has a market capitalization of £317.39 million, a P/E ratio of 4,125.00 and a beta of 0.82. The business has a 50 day simple moving average of GBX 160.24 and a 200-day simple moving average of GBX 169.22. The company has a debt-to-equity ratio of 42.68, a quick ratio of 1.57 and a current ratio of 1.39.

Franchise Brands Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, November 1st. Shareholders of record on Thursday, October 3rd were issued a GBX 1.10 ($0.01) dividend. This represents a yield of 0.69%. The ex-dividend date was Thursday, October 3rd. Franchise Brands’s payout ratio is 5,000.00%.

Insider Activity

In related news, insider Nigel Wray sold 7,000,000 shares of the stock in a transaction on Thursday, September 19th. The stock was sold at an average price of GBX 160 ($2.03), for a total value of £11,200,000 ($14,216,806.30). Insiders own 39.04% of the company’s stock.

Franchise Brands Company Profile

(Get Free Report)

Franchise Brands plc, through its subsidiaries, engages in franchising and related activities in the United Kingdom and internationally. The company operates through B2B, Filta International, B2C, and Azura segments. It offers drain clearance solutions to commercial customers, including facilities management, construction, manufacturing, education, retail, insurance, water utilities, and public sectors under the Metro Rod name; emergency plumbing services under the Metro Plumb name; fryer management and grease, drain management, and cooking oil filtration services to restaurants, supermarkets, stadiums, healthcare, education, hotels, and amusement parks under the Filta name; and designs, installs, and services adoptable and non-adoptable pump stations under the Willow Pumps name.