Franchise Brands (LON:FRAN) Shares Up 3% – What’s Next?

Franchise Brands plc (LON:FRAN) traded up 3% during mid-day trading on Friday . The company traded as high as GBX 137 and last traded at GBX 137. 199,371 shares traded hands during trading, an increase of 11% from the average session volume of 178,992 shares. The stock had previously closed at GBX 133.

Franchise Brands Price Performance

The stock has a market capitalization of £263.63 million, a PE ratio of 34.08 and a beta of 0.82. The company has a debt-to-equity ratio of 42.67, a current ratio of 1.39 and a quick ratio of 1.57. The stock’s fifty day moving average is GBX 125.19 and its 200-day moving average is GBX 137.34.

Insider Transactions at Franchise Brands

In other news, insider Andrew Mallows sold 81,776 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of GBX 126, for a total transaction of £103,037.76. Also, insider Stephen Hemsley purchased 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 8th. The stock was acquired at an average price of GBX 121 per share, with a total value of £60,500. Corporate insiders own 31.78% of the company’s stock.

Franchise Brands Company Profile

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group’s central support services, particularly technology, marketing, and finance.