IntegraFin (LON:IHP) Shares Down 12.7% – Time to Sell?

Shares of IntegraFin Holdings plc (LON:IHP) fell 12.7% during mid-day trading on Thursday . The stock traded as low as GBX 338 ($4.25) and last traded at GBX 340.50 ($4.28). 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 ($4.90).

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on IHP shares. Shore Capital reissued a “hold” rating on shares of IntegraFin in a research note on Tuesday, October 15th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 400 ($5.03) price objective on shares of IntegraFin in a report on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of IntegraFin from GBX 335 ($4.21) to GBX 400 ($5.03) and gave the company a “hold” rating in a report on Tuesday, September 10th.

IntegraFin Price Performance

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 firm’s 50-day moving average price is GBX 379.07 and its 200-day moving average price is GBX 369.13. The stock has a market capitalization of £1.12 billion, a PE ratio of 2,109.38, a PEG ratio of 3.14 and a beta of 1.15.

IntegraFin Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be given a dividend of GBX 7.20 ($0.09) per share. The ex-dividend date is Thursday, January 2nd. This is an increase from IntegraFin’s previous dividend of $3.20. This represents a yield of 1.85%. IntegraFin’s dividend payout ratio is 6,250.00%.

About IntegraFin

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.