Foxtons Group (LON:FOXT) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Foxtons Group plc (LON:FOXT) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 56.98 and traded as low as GBX 52. Foxtons Group shares last traded at GBX 52.20, with a volume of 1,004,561 shares.

Foxtons Group Price Performance

The company has a debt-to-equity ratio of 44.83, a current ratio of 0.70 and a quick ratio of 0.90. The business’s fifty day moving average price is GBX 57.03 and its 200-day moving average price is GBX 56.98. The stock has a market capitalization of £153.54 million, a price-to-earnings ratio of 10.42, a PEG ratio of 0.83 and a beta of 1.70.

Insiders Place Their Bets

In related news, insider Nigel Rich CBE purchased 50,000 shares of the business’s stock in a transaction on Friday, October 24th. The stock was acquired at an average price of GBX 55 per share, for a total transaction of £27,500. Insiders own 9.16% of the company’s stock.

About Foxtons Group

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. The Financial Services segment offers mortgages and related products. Foxtons Group plc was founded in 1981 and is headquartered in London, the United Kingdom.