Foxtons Group (LON:FOXT) Shares Pass Below 200-Day Moving Average – Should You Sell?

Foxtons Group plc (LON:FOXT) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 58.37 and traded as low as GBX 56. Foxtons Group shares last traded at GBX 57.50, with a volume of 404,576 shares.

Foxtons Group Trading Up 1.2%

The firm has a market capitalization of £172.39 million, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70. The company has a fifty day moving average price of GBX 54.70 and a 200-day moving average price of GBX 58.37. The company has a current ratio of 0.70, a quick ratio of 0.90 and a debt-to-equity ratio of 44.83.

Insider Buying and Selling

In other Foxtons Group news, insider Nigel Rich CBE acquired 50,000 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The stock was purchased at an average cost of GBX 55 per share, for a total transaction of £27,500. Also, insider Peter Rollings bought 772 shares of the stock in a transaction on Thursday, October 16th. The shares were acquired at an average cost of GBX 55 per share, for a total transaction of £424.60. Insiders acquired 150,772 shares of company stock valued at $8,292,460 over the last quarter. Corporate insiders own 9.31% of the company’s stock.

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.