Foxtons Group (LON:FOXT) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Foxtons Group plc (LON:FOXT) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 63.01 ($0.81) and traded as low as GBX 59.10 ($0.76). Foxtons Group shares last traded at GBX 59.30 ($0.77), with a volume of 155,346 shares changing hands.

Foxtons Group Stock Down 0.8 %

The firm has a market cap of £180.72 million, a price-to-earnings ratio of 24.77, a PEG ratio of 0.83 and a beta of 1.70. The company has a debt-to-equity ratio of 44.83, a quick ratio of 0.90 and a current ratio of 0.70. The business’s 50-day moving average is GBX 64.35 and its 200-day moving average is GBX 63.01.

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

Foxtons Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 16th. Investors of record on Thursday, April 10th will be issued a dividend of GBX 0.95 ($0.01) per share. This represents a yield of 1.51%. The ex-dividend date of this dividend is Thursday, April 10th. 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 purchased 30,000 shares of Foxtons Group stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average price of GBX 61 ($0.79) per share, for a total transaction of £18,300 ($23,658.69). 4.13% of the stock is owned by insiders.

Foxtons Group Company Profile

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.