Franchise Brands (LON:FRAN) Trading Down 1.1% – What’s Next?

Franchise Brands plc (LON:FRAN) shares dropped 1.1% during trading on Tuesday . The company traded as low as GBX 135 ($1.75) and last traded at GBX 135 ($1.75). Approximately 451,318 shares traded hands during mid-day trading, an increase of 214% from the average daily volume of 143,744 shares. The stock had previously closed at GBX 136.50 ($1.77).

Franchise Brands Stock Performance

The company has a 50 day simple moving average of GBX 143.04 and a 200-day simple moving average of GBX 153.31. The company has a debt-to-equity ratio of 42.67, a current ratio of 1.39 and a quick ratio of 1.57. The stock has a market cap of £260.93 million, a P/E ratio of 33.89 and a beta of 0.82.

Insiders Place Their Bets

In other Franchise Brands news, insider Peter Kear purchased 35,000 shares of the stock in a transaction on Thursday, January 30th. The stock was acquired at an average cost of GBX 136 ($1.76) per share, with a total value of £47,600 ($61,626.10). Also, insider Louise George purchased 100,000 shares of the business’s stock in a transaction on Monday, February 10th. The shares were acquired at an average price of GBX 148 ($1.92) per share, with a total value of £148,000 ($191,610.56). 39.04% of the stock is owned by insiders.

Franchise Brands Company Profile

Franchise Brands is an international, multi-brand franchisor focused on building market-leading businesses primarily via a franchise model. The Group has a combined network of over 625 franchisees across seven franchise brands in ten countries covering the UK, North America and Europe.

Franchise Brands’ focus is on B2B van-based reactive and planned services.