Balbinder Singh Johal Sells 490,000 Shares of Knights Group Holdings PLC (LON:KGH) Stock

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Knights Group Holdings PLC (LON:KGH) insider Balbinder Singh Johal sold 490,000 shares of the business’s stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of GBX 275 ($3.59), for a total transaction of £1,347,500 ($1,760,747.42).

LON:KGH opened at GBX 292 ($3.82) on Friday. The stock has a market cap of $214.11 million and a P/E ratio of 91.25. Knights Group Holdings PLC has a twelve month low of GBX 170 ($2.22) and a twelve month high of GBX 311 ($4.06). The company has a debt-to-equity ratio of 44.41, a quick ratio of 2.01 and a current ratio of 2.01. The stock’s 50 day moving average is GBX 272.14.

The business also recently announced a dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, August 29th will be given a dividend of GBX 1.27 ($0.02) per share. This represents a yield of 0.45%. The ex-dividend date of this dividend is Thursday, August 29th. This is an increase from Knights Group’s previous dividend of $0.60. Knights Group’s payout ratio is currently 0.31%.

Separately, Numis Securities reissued a “buy” rating on shares of Huntsworth in a research report on Tuesday, May 21st.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. It offers corporate and commercial legal services. The company was founded in 1759 and is headquartered in Newcastle-under-Lyme, the United Kingdom.

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