Shore Capital Reiterates Buy Rating for Paragon Banking Group (LON:PAG)

Paragon Banking Group (LON:PAG)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital in a research note issued to investors on Wednesday,Digital Look reports.

Paragon Banking Group Price Performance

PAG stock opened at GBX 803.50 ($10.18) on Wednesday. The company has a quick ratio of 1.48, a current ratio of 1.21 and a debt-to-equity ratio of 168.79. Paragon Banking Group has a 12 month low of GBX 481.40 ($6.10) and a 12 month high of GBX 868 ($11.00). The firm has a market cap of £1.63 billion, a P/E ratio of 1,217.42, a P/E/G ratio of 0.50 and a beta of 1.52. The company’s 50-day moving average price is GBX 737.92 and its two-hundred day moving average price is GBX 750.83.

Insider Activity at Paragon Banking Group

In other Paragon Banking Group news, insider Nigel S. Terrington bought 3,248 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average cost of GBX 774 ($9.81) per share, for a total transaction of £25,139.52 ($31,854.43). 3.59% of the stock is currently owned by insiders.

About Paragon Banking Group

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.