Foxtons Group (LON:FOXT) Hits New 1-Year Low – Should You Sell?

Shares of Foxtons Group plc (LON:FOXT) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 50.50 ($0.64) and last traded at GBX 54 ($0.69), with a volume of 1250579 shares. The stock had previously closed at GBX 55.90 ($0.71).

Foxtons Group Stock Down 3.4 %

The firm has a fifty day simple moving average of GBX 63.52 and a 200-day simple moving average of GBX 62.82. The company has a market capitalization of £164.57 million, a PE ratio of 22.56, a P/E/G ratio of 0.83 and a beta of 1.70. The company has a debt-to-equity ratio of 44.83, a quick ratio of 0.90 and a current ratio of 0.70.

Foxtons Group (LON:FOXT) last issued its quarterly earnings results on Wednesday, March 5th. The company reported GBX 5 ($0.06) earnings per share (EPS) for the quarter. Foxtons Group had a net margin of 4.69% and a return on equity of 5.66%. Equities research analysts anticipate that Foxtons Group plc will post 5.4191363 EPS for the current fiscal year.

Foxtons Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 16th. Stockholders of record on Thursday, April 10th will be paid a GBX 0.95 ($0.01) dividend. This represents a dividend yield of 1.51%. The ex-dividend date of this dividend is Thursday, April 10th. This is a positive change from Foxtons Group’s previous dividend of $0.22. Foxtons Group’s dividend payout ratio is 41.78%.

Insider Transactions at Foxtons Group

In other news, insider Chris Hough purchased 30,000 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of GBX 61 ($0.78) per share, with a total value of £18,300 ($23,294.30). Corporate insiders own 4.13% 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.