Franchise Brands (LON:FRAN) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Franchise Brands plc (LON:FRAN)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 131.04 and traded as high as GBX 148.50. Franchise Brands shares last traded at GBX 145.15, with a volume of 90,388 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on FRAN shares. Stifel Nicolaus dropped their price target on Franchise Brands from GBX 260 to GBX 210 and set a “buy” rating for the company in a research note on Thursday, March 26th. Shore Capital Group reissued a “buy” rating on shares of Franchise Brands in a research note on Friday, April 24th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 185 price target on shares of Franchise Brands in a research note on Thursday, April 30th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 197.50.

Franchise Brands Price Performance

The stock has a market capitalization of £278.23 million, a PE ratio of 31.28 and a beta of 0.46. The company has a current ratio of 1.15, a quick ratio of 1.57 and a debt-to-equity ratio of 36.34. The firm’s 50-day moving average price is GBX 131.04 and its 200-day moving average price is GBX 132.59.

Franchise Brands (LON:FRAN) last issued its quarterly earnings data on Wednesday, March 25th. The company reported GBX 9 earnings per share for the quarter. Franchise Brands had a return on equity of 4.06% and a net margin of 6.32%. On average, equities analysts forecast that Franchise Brands plc will post 11.3266098 EPS for the current fiscal year.

Insider Transactions at Franchise Brands

In related news, insider Stephen Hemsley acquired 72,500 shares of the firm’s stock in a transaction on Wednesday, March 25th. The shares were acquired at an average cost of GBX 116 per share, for a total transaction of £84,100. 31.78% of the stock is currently owned by company insiders.

Franchise Brands Company Profile

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group’s central support services, particularly technology, marketing, and finance.