IntegraFin (LON:IHP) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

IntegraFin Holdings plc (LON:IHP)’s stock price passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 376.12 and traded as high as GBX 378. IntegraFin shares last traded at GBX 377.50, with a volume of 15,201,616 shares traded.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upped their price target on IntegraFin from GBX 475 to GBX 490 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 450 target price on shares of IntegraFin in a research note on Thursday, July 2nd. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 460 target price on shares of IntegraFin in a report on Wednesday, October 14th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 440.

IntegraFin Price Performance

The company has a debt-to-equity ratio of 5.68, a quick ratio of 0.01 and a current ratio of 250.17. The firm has a market capitalization of £1.27 billion, a P/E ratio of 20.05, a price-to-earnings-growth ratio of 3.14 and a beta of 1.28. The business has a fifty day moving average of GBX 375.63 and a 200-day moving average of GBX 352.90.

IntegraFin Company Profile

IntegraFin Holdings plc (IntegraFin) is the holding company for all of the entities involved in the provision of the Transact service. Transact is one of the largest independent wrap platforms in the UK. It offers advisory professionals a comprehensive financial planning infrastructure for investing client assets in a tax-efficient way.