H&T Group’s (HAT) “House Stock” Rating Reaffirmed at Shore Capital

Shore Capital reissued their house stock rating on shares of H&T Group (LON:HAT) in a research note released on Tuesday, Marketbeat.com reports.

H&T Group Trading Up 0.5 %

Shares of HAT stock opened at GBX 388 ($5.04) on Tuesday. H&T Group has a 52-week low of GBX 305 ($3.96) and a 52-week high of GBX 502.07 ($6.52). The company has a 50-day simple moving average of GBX 384.81 and a two-hundred day simple moving average of GBX 387.80. The company has a debt-to-equity ratio of 36.63, a quick ratio of 4.55 and a current ratio of 14.66. The company has a market capitalization of £168.28 million, a price-to-earnings ratio of 808.33 and a beta of 0.66.

H&T Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 4th. Investors of record on Thursday, September 5th will be issued a dividend of GBX 7 ($0.09) per share. The ex-dividend date is Thursday, September 5th. This represents a yield of 1.67%. H&T Group’s dividend payout ratio (DPR) is currently 3,541.67%.

Insiders Place Their Bets

In other H&T Group news, insider Simon Walker bought 9,965 shares of the firm’s stock in a transaction dated Monday, June 10th. The stock was purchased at an average cost of GBX 387 ($5.03) per share, with a total value of £38,564.55 ($50,109.86). Insiders own 10.42% of the company’s stock.

About H&T Group

H&T Group plc, together with its subsidiaries, primarily provides pawnbroking services in the United Kingdom and internationally. It operates through seven segments: Pawnbroking, Gold Purchasing, Retail, Pawnbroking Scrap, Personal Loans, Foreign Exchange, and Other Services. The company offers personal loans; and gold purchasing, cheque cashing, unsecured lending, buyback, foreign exchange currency, and money wire transfer services, as well as engages in the retail of new and pre-owned jewelry and watches.