IntegraFin (LON:IHP) Trading Down 12.7% – Here’s What Happened

Posted by Steven Smith on Dec 21st, 2024

IntegraFin Holdings plc (LON:IHP – Get Free Report)’s share price was down 12.7% during mid-day trading on Wednesday . The stock traded as low as GBX 338 ($4.25) and last traded at GBX 340.50 ($4.28). Approximately 1,859,043 shares changed hands during mid-day trading, an increase of 318% from the average daily volume of 444,495 shares. The stock had previously closed at GBX 390 ($4.90).

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Shore Capital reaffirmed a “hold” rating on shares of IntegraFin in a research report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft raised their price objective on IntegraFin from GBX 335 ($4.21) to GBX 400 ($5.03) and gave the stock a “hold” rating in a report on Tuesday, September 10th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 400 ($5.03) target price on shares of IntegraFin in a report on Tuesday, October 15th.

Check Out Our Latest Stock Report on IHP

IntegraFin Stock Down 0.9 %

The business’s fifty day moving average price is GBX 379.09 and its 200 day moving average price is GBX 369.15. The firm has a market capitalization of £1.16 billion, a price-to-earnings ratio of 2,181.25, a PEG ratio of 3.14 and a beta of 1.15. The company has a current ratio of 8.80, a quick ratio of 0.01 and a debt-to-equity ratio of 1.73.

IntegraFin Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be paid a GBX 7.20 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This is a positive change from IntegraFin’s previous dividend of $3.20. This represents a yield of 1.85%. IntegraFin’s payout ratio is currently 6,250.00%.

About IntegraFin

(Get Free Report)

IntegraFin Holdings plc, together with its subsidiaries, provides an investment platform for UK financial advisers and their clients. It operates through Investment administration services, Insurance and life assurance business, and Adviser back-office technology segments. The company operates Transact, a wrap platform that enable advisers to consolidate their clients investments using tax efficient wrappers and provide range of investment choice; and Time4Advice (T4A), an adviser practice management solution.