EJF Investments (LON:EJFI) Reaches New 1-Year High After Insider Buying Activity

EJF Investments (LON:EJFI) shares reached a new 52-week high during trading on Thursday after an insider bought additional shares in the company. The stock traded as high as GBX 129 ($1.58) and last traded at GBX 129 ($1.58), with a volume of 10038 shares traded. The stock had previously closed at GBX 126.50 ($1.55).

Specifically, insider Nick Watkins acquired 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were acquired at an average price of GBX 129 ($1.58) per share, with a total value of £12,900 ($15,789.47).

EJF Investments Stock Performance

The firm has a market cap of £78.88 million, a PE ratio of 992.31 and a beta of -0.03. The stock has a 50-day moving average price of GBX 118.12 and a 200 day moving average price of GBX 108.73. The company has a debt-to-equity ratio of 25.01, a current ratio of 1.35 and a quick ratio of 0.05.

EJF Investments Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 7th were paid a dividend of GBX 2.68 ($0.03) per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a dividend yield of 2.34%. EJF Investments’s dividend payout ratio is presently 8,461.54%.

EJF Investments Company Profile

EJF Investments Limited is a principal investment firm. The firm seeks to invest in financial services sector with a focus in structured debt and equity, loans, bonds, preference shares, convertible notes and private equity. It considers investments domiciled in the United States, the United Kingdom and Europe.