Franchise Brands (LON:FRAN) Trading 0.7% Higher – Still a Buy?

Shares of Franchise Brands plc (LON:FRANGet Free Report) were up 0.7% during mid-day trading on Friday . The stock traded as high as GBX 137.79 and last traded at GBX 137. Approximately 564,458 shares changed hands during trading, an increase of 0% from the average daily volume of 564,225 shares. The stock had previously closed at GBX 136.

Franchise Brands Trading Up 0.7%

The firm has a market cap of £263.63 million, a price-to-earnings ratio of 34.08 and a beta of 0.82. The company has a debt-to-equity ratio of 42.67, a quick ratio of 1.57 and a current ratio of 1.39. The company has a 50 day moving average price of GBX 135.43 and a 200 day moving average price of GBX 135.25.

Insider Buying and Selling

In related news, insider Nigel Wray bought 50,000 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were bought at an average price of GBX 120 per share, with a total value of £60,000. 31.78% of the stock is owned by insiders.

Franchise Brands Company Profile

(Get Free Report)

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group’s central support services, particularly technology, marketing, and finance.

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