IntegraFin (LON:IHP) Trading Down 12.7% – Should You Sell?

IntegraFin Holdings plc (LON:IHP) traded down 12.7% during mid-day trading on Wednesday . The stock traded as low as GBX 338 ($4.30) and last traded at GBX 340.50 ($4.33). 1,859,043 shares traded hands during mid-day trading, an increase of 318% from the average session volume of 444,495 shares. The stock had previously closed at GBX 390 ($4.96).

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Shore Capital restated a “hold” rating on shares of IntegraFin in a report on Tuesday, October 15th. Berenberg Bank restated a “buy” rating and set a GBX 400 ($5.09) price target on shares of IntegraFin in a research note on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on IntegraFin from GBX 335 ($4.26) to GBX 400 ($5.09) and gave the stock a “hold” rating in a research report on Tuesday, September 10th.

IntegraFin Price Performance

The stock has a market cap of £1.13 billion, a P/E ratio of 2,190.63, a price-to-earnings-growth 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. The company’s fifty day simple moving average is GBX 379.39 and its 200-day simple moving average is GBX 369.16.

IntegraFin Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Investors 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 represents a yield of 1.85%. This is a boost from IntegraFin’s previous dividend of $3.20. IntegraFin’s payout ratio is presently 6,250.00%.

IntegraFin Company Profile

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.