Franchise Brands (LON:FRAN) Trading Down 1.1% – What’s Next?

Franchise Brands plc (LON:FRAN) dropped 1.1% on Tuesday . The stock traded as low as GBX 135 ($1.75) and last traded at GBX 135 ($1.75). Approximately 451,318 shares changed hands during mid-day trading, an increase of 214% from the average daily volume of 143,744 shares. The stock had previously closed at GBX 136.50 ($1.77).

Franchise Brands Trading Down 1.1 %

The stock has a market capitalization of £260.93 million, a P/E ratio of 33.89 and a beta of 0.82. The stock has a 50-day moving average price of GBX 143.04 and a two-hundred day moving average price of GBX 153.31. The company has a debt-to-equity ratio of 42.67, a quick ratio of 1.57 and a current ratio of 1.39.

Insider Buying and Selling

In other news, insider Peter Kear bought 35,000 shares of Franchise Brands stock in a transaction on Thursday, January 30th. The shares were purchased at an average price of GBX 136 ($1.76) per share, for a total transaction of £47,600 ($61,626.10). Also, insider Louise George bought 100,000 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was purchased at an average cost of GBX 148 ($1.92) per share, with a total value of £148,000 ($191,610.56). 39.04% of the stock is currently owned by insiders.

About Franchise Brands

Franchise Brands is an international, multi-brand franchisor focused on building market-leading businesses primarily via a franchise model. The Group has a combined network of over 625 franchisees across seven franchise brands in ten countries covering the UK, North America and Europe.

Franchise Brands’ focus is on B2B van-based reactive and planned services.