IntegraFin (LON:IHP) Trading Down 0.6% – Time to Sell?

IntegraFin Holdings plc (LON:IHP) shares traded down 0.6% during mid-day trading on Wednesday . The company traded as low as GBX 313 ($4.16) and last traded at GBX 315 ($4.19). 345,981 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 881,183 shares. The stock had previously closed at GBX 317 ($4.21).

Analysts Set New Price Targets

IHP has been the topic of several research analyst reports. Berenberg Bank reduced their price objective on IntegraFin from GBX 400 ($5.32) to GBX 380 ($5.05) and set a “buy” rating for the company in a research note on Tuesday, April 15th. Royal Bank of Canada reissued an “outperform” rating and set a GBX 440 ($5.85) price objective on shares of IntegraFin in a research report on Thursday, January 23rd. Finally, Shore Capital reaffirmed a “buy” rating on shares of IntegraFin in a report on Tuesday, April 15th.

IntegraFin Trading Up 1.4 %

The company has a quick ratio of 0.01, a current ratio of 1.01 and a debt-to-equity ratio of 4.51. The company’s fifty day moving average price is GBX 310.01 and its two-hundred day moving average price is GBX 344.67. The firm has a market cap of £1.06 billion, a PE ratio of 20.26, a P/E/G ratio of 3.14 and a beta of 1.15.

About IntegraFin

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.