Begbies Traynor Group’s (BEG) “House Stock” Rating Reaffirmed at Shore Capital

Begbies Traynor Group (LON:BEG)‘s stock had its “house stock” rating reissued by analysts at Shore Capital in a research note issued on Tuesday,London Stock Exchange reports.

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 158 ($2.01) price target on shares of Begbies Traynor Group in a report on Tuesday, September 17th.

Begbies Traynor Group Stock Performance

BEG traded up GBX 5.60 ($0.07) during midday trading on Tuesday, reaching GBX 100 ($1.27). The company’s stock had a trading volume of 1,450,739 shares, compared to its average volume of 343,128. The company has a fifty day simple moving average of GBX 92.74 and a 200 day simple moving average of GBX 99.08. The company has a current ratio of 1.31, a quick ratio of 1.35 and a debt-to-equity ratio of 23.79. Begbies Traynor Group has a twelve month low of GBX 83.08 ($1.06) and a twelve month high of GBX 120 ($1.53). The stock has a market cap of £158.42 million, a P/E ratio of 10,000.00, a PEG ratio of 2.95 and a beta of 0.37.

Insider Activity

In other Begbies Traynor Group news, insider Graham McInnes sold 137,200 shares of the business’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 92 ($1.17), for a total value of £126,224 ($160,897.39). Company insiders own 26.47% of the company’s stock.

About Begbies Traynor Group

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.