Paragon Banking Group PLC (LON:PAG) Insider Buys £25,139.52 in Stock

Paragon Banking Group PLC (LON:PAG) insider Nigel S. Terrington purchased 3,248 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The shares were purchased at an average price of GBX 774 ($10.36) per share, with a total value of £25,139.52 ($33,662.99).

Paragon Banking Group Stock Performance

LON PAG opened at GBX 777 ($10.40) on Monday. The stock’s fifty day moving average is GBX 764.50 and its two-hundred day moving average is GBX 737.45. The firm has a market capitalization of £1.59 billion, a P/E ratio of 1,177.27, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52. The company has a debt-to-equity ratio of 168.79, a quick ratio of 1.48 and a current ratio of 1.21. Paragon Banking Group PLC has a fifty-two week low of GBX 439.18 ($5.88) and a fifty-two week high of GBX 868 ($11.62).

Analysts Set New Price Targets

Separately, Royal Bank of Canada reiterated an “outperform” rating and set a GBX 875 ($11.72) price target on shares of Paragon Banking Group in a research report on Wednesday, July 31st.

About Paragon Banking Group

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.