Paragon Banking Group (LON:PAG) Stock Price Drops Below 200-Day Moving Average: Should Investors Consider Selling?

On Friday, shares of Paragon Banking Group PLC (LON:PAG) fell below their 200-day moving average during trading hours. The stock's 200-day moving average stands at GBX 752.72 ($9.47), while the lowest point it reached during the day was GBX 720.50 ($9.07). As of the last trading session, the stock was priced at GBX 735.50 ($9.26), with a total volume of 130,760 shares exchanged.

Analyst Opinions on Paragon Banking Group

In a separate analysis, Shore Capital maintained a "buy" rating for the Paragon Banking Group shares in their report published on December 4th.

Understanding Paragon Banking Group's Stock Performance

Paragon Banking Group currently has a market capitalization of £1.49 billion. The company possesses a P/E ratio of 1,114.39, a PEG ratio of 0.50, and a beta of 1.52. Their fifty-day moving average is recorded at GBX 737.82, and the two-hundred day moving average is at GBX 752.72. Financially, Paragon demonstrates a debt-to-equity ratio of 168.79, a quick ratio of 1.48, and a current ratio of 1.21.

Dividend Announcement from Paragon Banking Group

Recently, the company announced a dividend that will be distributed on March 7th. The shareholders recorded by February 6th will receive a dividend of GBX 27.20 ($0.34), translating into a dividend yield of 3.64%. This marks an increase from the previous dividend of $13.20. The ex-dividend date also falls on February 6th. Presently, Paragon Banking Group's dividend payout ratio is reported at 6,060.61%.

Insider Transactions in Paragon Banking Group

In notable insider transactions, Richard Woodman purchased 2,241 shares of the company's stock on December 20th at an average price of GBX 730 ($9.19) per share, resulting in a total expense of £16,359.30 ($20,585.50). Additionally, Nigel S. Terrington bought 26,962 shares on December 5th, with an average price of GBX 790 ($9.94) per share, totaling £212,999.80 ($268,025.42). Currently, 3.59% of shares are held by company insiders.

Company Profile of Paragon Banking Group

Paragon Banking Group PLC offers a variety of financial products and services across the United Kingdom, operating under two key segments: Mortgage Lending and Commercial Lending. The Mortgage Lending segment specializes in buy-to-let mortgages, along with first and second charge mortgages for owner-occupied properties. In comparison, the Commercial Lending segment focuses on lending to small and medium-sized enterprises (SMEs), including hire purchase, financing leases, development finance, motor finance, and other financial solutions.

Final Considerations

Potential investors should carefully evaluate their options since, although Paragon Banking Group holds a "buy" rating from certain analysts, several other stocks are also garnering interest from top-rated analysts for potential investment.

Paragon, Banking, Stock