IntegraFin (LON:IHP) Stock Crosses Above 50 Day Moving Average – Time to Sell?

IntegraFin Holdings plc (LON:IHP) passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 376.12 and traded as high as GBX 378. IntegraFin shares last traded at GBX 377.50, with a volume of 15,201,616 shares traded.

Analysts Set New Price Targets

IHP has been the subject of a number of recent research reports. Berenberg Bank reiterated a “buy” rating and set a GBX 460 price objective on shares of IntegraFin in a research note on Wednesday, October 14th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 450 target price on shares of IntegraFin in a research note on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of IntegraFin from GBX 475 to GBX 490 and gave the stock a “buy” rating in a research note on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, IntegraFin presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 440.

IntegraFin Stock Performance

The company has a current ratio of 250.17, a quick ratio of 0.01 and a debt-to-equity ratio of 5.68. The business’s 50 day moving average is GBX 376.12 and its two-hundred day moving average is GBX 352.65. The company has a market cap of £1.25 billion, a PE ratio of 19.79, a PEG ratio of 3.14 and a beta of 1.28.

About IntegraFin

IntegraFin Holdings plc (IntegraFin) is the holding company for all of the entities involved in the provision of the Transact service. Transact is one of the largest independent wrap platforms in the UK. It offers advisory professionals a comprehensive financial planning infrastructure for investing client assets in a tax-efficient way.