Begbies Traynor Group (LON:BEG) Receives House Stock Rating from Shore Capital

Shore Capital reissued their house stock rating on shares of Begbies Traynor Group (LON:BEG) in a report issued on Monday, Marketbeat Ratings reports.

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 158 ($2.01) price objective on shares of Begbies Traynor Group in a report on Tuesday, September 17th.

Begbies Traynor Group Trading Up 2.6 %

Shares of BEG opened at GBX 94 ($1.19) on Monday. The stock has a market capitalization of £148.91 million, a P/E ratio of 9,400.00, a PEG ratio of 2.95 and a beta of 0.37. The company has a quick ratio of 1.35, a current ratio of 1.31 and a debt-to-equity ratio of 23.79. The firm has a fifty day simple moving average of GBX 93.11 and a two-hundred day simple moving average of GBX 99.27. Begbies Traynor Group has a twelve month low of GBX 83.08 ($1.06) and a twelve month high of GBX 120 ($1.52).

Insider Buying and Selling at Begbies Traynor Group

In other Begbies Traynor Group news, insider Graham McInnes sold 137,200 shares of the business’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 92 ($1.17), for a total value of £126,224 ($160,386.28). 26.47% of the stock is owned by company insiders.

About Begbies Traynor Group

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.