Foxtons Group (LON:FOXT) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Foxtons Group plc (LON:FOXT) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 59.11 and traded as low as GBX 53.60. Foxtons Group shares last traded at GBX 54.20, with a volume of 442,596 shares traded.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 78 price objective on shares of Foxtons Group in a research report on Thursday, July 31st. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 78.

Foxtons Group Trading Down 1.5%

The company has a debt-to-equity ratio of 44.83, a quick ratio of 0.90 and a current ratio of 0.70. The stock has a market cap of £158.19 million, a P/E ratio of 10.68, a P/E/G ratio of 0.83 and a beta of 1.70. The company has a 50-day simple moving average of GBX 55.36 and a 200-day simple moving average of GBX 59.11.

Insider Activity

In related news, insider Peter Rollings acquired 772 shares of the firm’s stock in a transaction on Thursday, October 16th. The shares were purchased at an average price of GBX 55 per share, with a total value of £424.60. Also, insider Nigel Rich CBE acquired 100,000 shares of the stock in a transaction on Thursday, October 23rd. The stock was bought at an average price of GBX 55 per share, with a total value of £55,000. In the last quarter, insiders have purchased 150,772 shares of company stock worth $8,292,460. 9.31% of the stock is owned by corporate insiders.

Foxtons Group Company Profile

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.