IntegraFin (LON:IHP) Hits New 1-Year High at $315.50

IntegraFin Holdings plc (LON:IHP) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 315.50 ($4.01) and last traded at GBX 306 ($3.89), with a volume of 8623 shares trading hands. The stock had previously closed at GBX 308 ($3.91).

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on IHP shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 360 ($4.58) price objective on shares of IntegraFin in a research report on Tuesday, April 16th. Shore Capital reaffirmed a “hold” rating on shares of IntegraFin in a research report on Wednesday.

IntegraFin Price Performance

The company has a quick ratio of 0.01, a current ratio of 8.56 and a debt-to-equity ratio of 0.58. The company has a market capitalization of £1.15 billion, a P/E ratio of 2,310.00, a P/E/G ratio of 3.44 and a beta of 1.06. The company’s 50-day simple moving average is GBX 288.52 and its 200 day simple moving average is GBX 280.19.

IntegraFin Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, June 6th will be issued a dividend of GBX 3.20 ($0.04) per share. This represents a dividend yield of 1.03%. The ex-dividend date is Thursday, June 6th. IntegraFin’s dividend payout ratio is currently 6,666.67%.

About IntegraFin

IntegraFin Holdings plc, together with its subsidiaries, provides an investment platform for UK financial advisers and their clients. It operates through Investment administration services, Insurance and life assurance business, and Adviser back-office technology segments. The company operates Transact, a wrap platform that enable advisers to consolidate their clients investments using tax efficient wrappers and provide range of investment choice; and Time4Advice (T4A), an adviser practice management solution.