Franchise Brands (LON:FRAN) Trading Up 0.7% – Should You Buy?

Franchise Brands plc (LON:FRAN)’s share price was up 0.7% during mid-day trading on Friday . The company 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 Stock Performance

The stock has a market capitalization of £263.63 million, a price-to-earnings ratio of 34.08 and a beta of 0.82. The stock’s 50-day simple moving average is GBX 135.43 and its 200 day simple moving average is GBX 135.32. The company has a quick ratio of 1.57, a current ratio of 1.39 and a debt-to-equity ratio of 42.67.

Insider Buying and Selling

In other Franchise Brands news, insider Nigel Wray purchased 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were acquired at an average cost of GBX 120 per share, for a total transaction of £60,000. 31.78% of the stock is currently owned by company 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.