Knights Group (LON:KGH) Stock Price Down 0.4% – Time to Sell?

Knights Group Holdings plc (LON:KGH) fell 0.4% during mid-day trading on Wednesday . The stock traded as low as GBX 136 ($1.76) and last traded at GBX 138 ($1.79). 149,392 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 209,052 shares. The stock had previously closed at GBX 138.50 ($1.79).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of Knights Group in a report on Tuesday, January 14th.

Knights Group Trading Up 0.4 %

The firm has a market capitalization of £116.73 million, a PE ratio of 11.86 and a beta of 1.12. The firm has a 50 day simple moving average of GBX 129.80 and a 200 day simple moving average of GBX 121.91. The company has a current ratio of 2.58, a quick ratio of 2.10 and a debt-to-equity ratio of 80.98.

Knights Group (LON:KGH) last released its quarterly earnings data on Tuesday, January 14th. The company reported GBX 12.71 ($0.16) EPS for the quarter. Knights Group had a return on equity of 10.03% and a net margin of 6.82%. Equities analysts expect that Knights Group Holdings plc will post 22.0875439 earnings per share for the current fiscal year.

Knights Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 13th were given a GBX 1.76 ($0.02) dividend. This represents a yield of 1.47%. The ex-dividend date of this dividend was Thursday, February 13th. Knights Group’s dividend payout ratio (DPR) is presently 34.75%.

Insider Activity

In other Knights Group news, insider Dave Wilson purchased 8,155 shares of Knights Group stock in a transaction dated Tuesday, January 14th. The stock was purchased at an average price of GBX 123 ($1.59) per share, with a total value of £10,030.65 ($12,982.98). Insiders own 30.06% of the company’s stock.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.