Frenkel Topping Group (LON:FEN) Hits New 12-Month High After Insider Buying Activity

Frenkel Topping Group Plc (LON:FEN)’s share price reached a new 52-week high on Tuesday after an insider bought additional shares in the company. The company traded as high as GBX 64 ($0.84) and last traded at GBX 61.10 ($0.80), with a volume of 518719 shares changing hands. The stock had previously closed at GBX 58 ($0.76).

Specifically, insider Zoe Holland bought 42,211 shares of Frenkel Topping Group stock in a transaction dated Monday, July 19th. The shares were bought at an average price of GBX 59 ($0.77) per share, for a total transaction of £24,904.49 ($32,537.88). Also, insider Christopher Mills bought 625,000 shares of Frenkel Topping Group stock in a transaction dated Thursday, July 15th. The stock was purchased at an average price of GBX 56 ($0.73) per share, for a total transaction of £350,000 ($457,277.24).

The company’s fifty day moving average price is GBX 53.95. The company has a quick ratio of 6.95, a current ratio of 7.08 and a debt-to-equity ratio of 1.78. The firm has a market capitalization of £67.13 million and a price-to-earnings ratio of 46.92.

The company also recently disclosed a dividend, which was paid on Friday, June 25th. Shareholders of record on Thursday, June 10th were issued a dividend of GBX 1.04 ($0.01) per share. This is a boost from Frenkel Topping Group’s previous dividend of $0.32. This represents a yield of 1.96%. The ex-dividend date of this dividend was Thursday, June 10th. Frenkel Topping Group’s payout ratio is currently 1.04%.

Frenkel Topping Group Company Profile (LON:FEN)

Frenkel Topping Group Plc, together with its subsidiaries, provides independent financial advisory and wealth management services in the United Kingdom. The company was founded in 1979 and is based in Manchester, the United Kingdom.

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