Franchise Brands (LON:FRAN) Stock Price Down 0.6%

Franchise Brands plc (LON:FRAN)’s share price traded down 0.6% during trading on Tuesday . The stock traded as low as GBX 166 ($2.17) and last traded at GBX 168 ($2.20). 70,212 shares traded hands during trading, a decline of 65% from the average session volume of 202,628 shares. The stock had previously closed at GBX 169 ($2.21).

Franchise Brands Price Performance

The company has a quick ratio of 1.57, a current ratio of 1.30 and a debt-to-equity ratio of 44.11. The stock’s 50 day moving average price is GBX 174.08 and its two-hundred day moving average price is GBX 178.29. The firm has a market capitalization of £322.93 million, a price-to-earnings ratio of 8,400.00 and a beta of 0.82.

Insiders Place Their Bets

In other news, insider Peter Kear purchased 57,500 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was bought at an average cost of GBX 174 ($2.28) per share, with a total value of £100,050 ($130,835.62). Insiders own 48.35% of the company’s stock.

Franchise Brands Company Profile

Franchise Brands plc, through its subsidiaries, engages in franchising and related activities in the United Kingdom and internationally. The company operates through B2B, Filta International, B2C, and Azura segments. It offers drain clearance solutions to commercial customers, including facilities management, construction, manufacturing, education, retail, insurance, water utilities, and public sectors under the Metro Rod name; emergency plumbing services under the Metro Plumb name; fryer management and grease, drain management, and cooking oil filtration services to restaurants, supermarkets, stadiums, healthcare, education, hotels, and amusement parks under the Filta name; and designs, installs, and services adoptable and non-adoptable pump stations under the Willow Pumps name.