EJF Investments (LON:EJFI) Sets New 52-Week High Following Insider Buying Activity

EJF Investments (LON:EJFI) shares hit a new 52-week high on Thursday following insider buying activity. The stock traded as high as GBX 129 ($1.58) and last traded at GBX 129 ($1.58), with a volume of 10038 shares changing hands. The stock had previously closed at GBX 126.50 ($1.55).

Specifically, insider Nick Watkins acquired 10,000 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were purchased at an average price of GBX 129 ($1.58) per share, for a total transaction of £12,900 ($15,789.47).

EJF Investments Stock Performance

The company has a market capitalization of £78.88 million, a price-to-earnings ratio of 992.31 and a beta of -0.03. The company has a current ratio of 1.35, a quick ratio of 0.05 and a debt-to-equity ratio of 25.01. The stock has a 50-day simple moving average of GBX 118.12 and a 200-day simple moving average of GBX 108.73.

EJF Investments Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 7th were paid a dividend of GBX 2.68 ($0.03) per share. The ex-dividend date was Thursday, November 7th. This represents a yield of 2.34%. EJF Investments’s dividend payout ratio (DPR) is 8,461.54%.

EJF Investments Company Profile

EJF Investments Limited is a principal investment firm. The firm seeks to invest in financial services sector with a focus in structured debt and equity, loans, bonds, preference shares, convertible notes and private equity. It considers investments domiciled in the United States, the United Kingdom and Europe.