Franchise Brands (LON:FRAN) Shares Up 0.7% – What’s Next?

Franchise Brands plc (LON:FRAN)’s stock price rose 0.7% on Friday . The stock traded as high as GBX 141 and last traded at GBX 141. Approximately 25,457 shares changed hands during trading, a decline of 86% from the average daily volume of 183,454 shares. The stock had previously closed at GBX 140.

Franchise Brands Price Performance

The firm has a market capitalization of £271.33 million, a P/E ratio of 35.07 and a beta of 0.82. The business’s fifty day moving average is GBX 129.19 and its 200 day moving average is GBX 136.60. The company has a current ratio of 1.39, a quick ratio of 1.57 and a debt-to-equity ratio of 42.67.

Insider Buying and Selling at Franchise Brands

In other news, insider Andrew Mallows sold 223,906 shares of the firm’s stock in a transaction on Monday, September 29th. The stock was sold at an average price of GBX 134, for a total transaction of £300,034.04. Also, insider Stephen Hemsley bought 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 8th. The stock was bought at an average price of GBX 121 per share, for a total transaction of £60,500. 31.78% of the stock is owned by corporate insiders.

About Franchise Brands

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.