Keystone Law Group (LON:KEYS) Shares Up 0.9% – What’s Next?

Keystone Law Group plc (LON:KEYS) shot up 0.9% on Friday . The company traded as high as GBX 540 and last traded at GBX 536.80. 126,346 shares traded hands during trading, an increase of 57% from the average session volume of 80,298 shares. The stock had previously closed at GBX 532.

Keystone Law Group Stock Performance

The company has a debt-to-equity ratio of 8.06, a quick ratio of 1.46 and a current ratio of 1.59. The stock’s 50-day moving average is GBX 536.90 and its 200 day moving average is GBX 558.22. The firm has a market cap of £169.34 million, a P/E ratio of 15.65 and a beta of 0.26.

Keystone Law Group (LON:KEYS) last issued its quarterly earnings data on Wednesday, April 29th. The company reported GBX 37 EPS for the quarter. The business had revenue of £115.17 million for the quarter. Keystone Law Group had a return on equity of 59.02% and a net margin of 9.59%. On average, research analysts predict that Keystone Law Group plc will post 22.8524455 earnings per share for the current year.

Keystone Law Group announced that its Board of Directors has initiated a stock repurchase program on Friday, May 15th that allows the company to repurchase 0 shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at Keystone Law Group

In other Keystone Law Group news, insider Robin George Williams acquired 3,000 shares of the business’s stock in a transaction dated Wednesday, April 29th. The shares were acquired at an average price of GBX 496 per share, for a total transaction of £14,880. Also, insider Isabel J. S. Napper acquired 950 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The stock was acquired at an average price of GBX 502 per share, with a total value of £4,769. Insiders have acquired a total of 5,950 shares of company stock valued at $2,968,900 over the last 90 days. 29.29% of the stock is owned by company insiders.

About Keystone Law Group

Keystone Law Group plc provides conventional legal services in the United Kingdom. The company offers its legal services in the areas of banking and finance, capital market, commercial, commercial property, construction and projects, corporate, data protection, dispute resolution, employment, EU and competition law, family and matrimonial, fraud and financial crime, and immigration. It provides legal services in insurance, intellectual property, investment funds and management, licensing, mediation and ADR, pensions and incentives, planning and environment, probate and estate planning, residential property, restructuring and insolvency, tax, and technology.