Foxtons Group (LON:FOXT) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Foxtons Group plc (LON:FOXT) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 43.02 and traded as low as GBX 36. Foxtons Group shares last traded at GBX 36, with a volume of 242,730 shares changing hands.

Foxtons Group Stock Performance

The stock’s 50-day moving average is GBX 38.96 and its 200-day moving average is GBX 42.99. The firm has a market capitalization of £110.91 million, a price-to-earnings ratio of 13.39, a PEG ratio of 0.83 and a beta of 1.02. The company has a current ratio of 3.84, a quick ratio of 0.90 and a debt-to-equity ratio of 46.83.

Foxtons Group (LON:FOXT) last issued its earnings results on Thursday, July 30th. The company reported GBX 1.80 earnings per share for the quarter. Foxtons Group had a net margin of 4.91% and a return on equity of 5.76%. On average, analysts predict that Foxtons Group plc will post 5.4191363 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Jack Callaway acquired 100,000 shares of Foxtons Group stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average price of GBX 38 per share, for a total transaction of £38,000. 9.72% 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. The Financial Services segment offers mortgages and related products. Foxtons Group plc was founded in 1981 and is headquartered in London, the United Kingdom.