Foxtons Group (LON:FOXT) Shares Cross Above 50-Day Moving Average of $56.68

Shares of Foxtons Group PLC (LON:FOXT) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $56.68 and traded as high as $52.00. Foxtons Group shares last traded at $51.00, with a volume of 87,169 shares trading hands.

Several research analysts have weighed in on the stock. Numis Securities reiterated a “buy” rating and issued a GBX 123 ($1.61) price objective on shares of Foxtons Group in a research note on Friday, May 24th. Peel Hunt reiterated a “sell” rating on shares of Foxtons Group in a research note on Friday, July 26th. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 60 ($0.78) price objective on shares of Foxtons Group in a research note on Thursday, August 8th.

The stock has a market cap of $140.30 million and a price-to-earnings ratio of -8.10. The company has a debt-to-equity ratio of 48.73, a quick ratio of 0.81 and a current ratio of 0.97. The company’s 50 day simple moving average is GBX 56.68 and its two-hundred day simple moving average is GBX 59.17.



Foxtons Group Company Profile (LON:FOXT)

Foxtons Group plc, an estate agency, provides residential property sales and lettings services in the United Kingdom. It operates through three segments: Sales, Lettings, and Mortgage Broking. The company is involved in short letting and corporate letting; and the provision of property management services.

See Also: Outstanding Shares

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