EJF Investments (LON:EJFI) Hits New 52-Week High After Insider Buying Activity

EJF Investments (LON:EJFI) shares reached a new 52-week high on Thursday after an insider bought additional shares in the company. The company traded as high as GBX 129 ($1.58) and last traded at GBX 129 ($1.58), with a volume of 10038 shares changing hands. The stock had previously closed at GBX 126.50 ($1.55).

Specifically, insider Nick Watkins purchased 10,000 shares of EJF Investments stock in a transaction dated Tuesday, January 14th. The shares were acquired at an average price of GBX 129 ($1.58) per share, for a total transaction of £12,900 ($15,783.68).

EJF Investments Stock Performance

The company has a current ratio of 1.35, a quick ratio of 0.05 and a debt-to-equity ratio of 25.01. The firm has a fifty day moving average price of GBX 118.50 and a 200 day moving average price of GBX 108.88. The firm has a market cap of £78.88 million, a PE ratio of 992.31 and a beta of -0.03.

EJF Investments Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 7th were issued a dividend of GBX 2.68 ($0.03) per share. The ex-dividend date was Thursday, November 7th. This represents a dividend yield of 2.34%. EJF Investments’s dividend payout ratio is presently 8,461.54%.

About EJF Investments

EJF Investments Limited is a principal investment firm. The firm seeks to invest in financial services sector with a focus in structured debt and equity, loans, bonds, preference shares, convertible notes and private equity. It considers investments domiciled in the United States, the United Kingdom and Europe.