Knights Group (LON:KGH) Trading 2.5% Higher – Should You Buy?

Knights Group Holdings plc (LON:KGH) shot up 2.5% during trading on Wednesday . The company traded as high as GBX 123 ($1.54) and last traded at GBX 122 ($1.53). 161,824 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 199,937 shares. The stock had previously closed at GBX 119 ($1.49).

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of Knights Group in a report on Tuesday, January 14th.

Knights Group Trading Up 2.5 %

The company has a debt-to-equity ratio of 80.98, a quick ratio of 2.10 and a current ratio of 2.58. The firm has a market capitalization of £104.93 million, a P/E ratio of 1,109.09 and a beta of 1.12. The firm has a 50 day moving average price of GBX 112.02 and a two-hundred day moving average price of GBX 120.83.

Knights Group (LON:KGH) last posted its quarterly earnings data on Tuesday, January 14th. The company reported GBX 12.71 ($0.16) EPS for the quarter. Knights Group had a net margin of 6.57% and a return on equity of 10.20%. On average, equities research analysts expect that Knights Group Holdings plc will post 22.0875439 EPS for the current fiscal year.

Knights Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 13th will be issued a dividend of GBX 1.76 ($0.02) per share. The ex-dividend date is Thursday, February 13th. This represents a dividend yield of 1.47%. Knights Group’s dividend payout ratio is 3,636.36%.

Insider Buying and Selling at Knights Group

In other Knights Group news, insider Dave Wilson bought 8,155 shares of the firm’s stock in a transaction on Tuesday, January 14th. The stock was bought at an average cost of GBX 123 ($1.54) per share, with a total value of £10,030.65 ($12,539.88). Company insiders own 30.06% of the company’s stock.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.