Franchise Brands (LON:FRAN) Shares Up 0.6% – Should You Buy?

Franchise Brands plc (LON:FRAN)’s share price traded up 0.6% during trading on Thursday . The stock traded as high as GBX 172.85 ($2.25) and last traded at GBX 171 ($2.23). 179,283 shares traded hands during trading, a decline of 52% from the average session volume of 372,764 shares. The stock had previously closed at GBX 170 ($2.21).

Franchise Brands Trading Up 1.5 %

The company has a current ratio of 1.39, a quick ratio of 1.57 and a debt-to-equity ratio of 42.68. The company has a 50 day moving average of GBX 160.31 and a 200 day moving average of GBX 171.95. The firm has a market cap of £335.67 million, a price-to-earnings ratio of 4,362.50 and a beta of 0.82.

Franchise Brands Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 3rd were given a dividend of GBX 1.10 ($0.01) per share. This represents a dividend yield of 0.69%. The ex-dividend date was Thursday, October 3rd. Franchise Brands’s dividend payout ratio (DPR) is currently 5,000.00%.

Insiders Place Their Bets

In other Franchise Brands news, insider Nigel Wray sold 7,000,000 shares of Franchise Brands stock in a transaction on Thursday, September 19th. The stock was sold at an average price of GBX 160 ($2.08), for a total value of £11,200,000 ($14,579,536.58). Insiders own 39.04% of the company’s stock.

Franchise Brands Company Profile

Franchise Brands plc, through its subsidiaries, engages in franchising and related activities in the United Kingdom and internationally. The company operates through B2B, Filta International, B2C, and Azura segments. It offers drain clearance solutions to commercial customers, including facilities management, construction, manufacturing, education, retail, insurance, water utilities, and public sectors under the Metro Rod name; emergency plumbing services under the Metro Plumb name; fryer management and grease, drain management, and cooking oil filtration services to restaurants, supermarkets, stadiums, healthcare, education, hotels, and amusement parks under the Filta name; and designs, installs, and services adoptable and non-adoptable pump stations under the Willow Pumps name.