Franchise Brands (LON:FRAN) Shares Down 1.1% – Here’s Why

Franchise Brands plc (LON:FRAN)’s stock price dropped 1.1% during mid-day trading on Tuesday . The company traded as low as GBX 135 ($1.75) and last traded at GBX 135 ($1.75). Approximately 451,318 shares traded 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 Up 4.4 %

The company has a quick ratio of 1.57, a current ratio of 1.39 and a debt-to-equity ratio of 42.67. The company’s fifty day moving average is GBX 143.01 and its two-hundred day moving average is GBX 153.21. The stock has a market cap of £276.40 million, a price-to-earnings ratio of 35.90 and a beta of 0.82.

Franchise Brands (LON:FRAN) last released its quarterly earnings data on Thursday, March 27th. The company reported GBX 8.59 ($0.11) earnings per share (EPS) for the quarter. Franchise Brands had a net margin of 6.43% and a return on equity of 3.60%. On average, research analysts predict that Franchise Brands plc will post 11.3266098 EPS for the current fiscal year.

Franchise Brands Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, May 8th will be given a dividend of GBX 1.30 ($0.02) per share. This is a boost from Franchise Brands’s previous dividend of $1.10. The ex-dividend date is Thursday, May 8th. This represents a yield of 0.95%. Franchise Brands’s payout ratio is presently 50.21%.

Insider Activity at Franchise Brands

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

Franchise Brands Company Profile

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.