Knights Group (LON:KGH) Trading Down 0.4% – Time to Sell?

Knights Group Holdings plc (LON:KGH)’s stock price fell 0.4% during mid-day trading on Wednesday . The company traded as low as GBX 136 ($1.75) and last traded at GBX 138 ($1.78). 149,392 shares traded hands during trading, a decline of 29% from the average session volume of 209,052 shares. The stock had previously closed at GBX 138.50 ($1.78).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of Knights Group in a research note on Tuesday, January 14th.

Knights Group Stock Performance

The stock has a 50 day moving average of GBX 129.09 and a 200 day moving average of GBX 121.81. The company has a quick ratio of 2.10, a current ratio of 2.58 and a debt-to-equity ratio of 80.98. The firm has a market cap of £118.01 million, a price-to-earnings ratio of 11.99 and a beta of 1.12.

Knights Group (LON:KGH) last posted its quarterly earnings results on Tuesday, January 14th. The company reported GBX 12.71 ($0.16) earnings per share (EPS) for the quarter. Knights Group had a net margin of 6.82% and a return on equity of 10.03%. As a group, analysts anticipate that Knights Group Holdings plc will post 22.0875439 EPS for the current fiscal year.

Knights Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 13th were paid a GBX 1.76 ($0.02) dividend. The ex-dividend date was Thursday, February 13th. This represents a dividend yield of 1.47%. Knights Group’s payout ratio is currently 34.75%.

Insider Activity at Knights Group

In other news, insider Dave Wilson bought 8,155 shares of the stock in a transaction on Tuesday, January 14th. The stock was acquired at an average price of GBX 123 ($1.58) per share, with a total value of £10,030.65 ($12,914.45). 30.06% of the stock is currently owned by insiders.

About Knights Group

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.