Keystone Law Group (LON:KEYS) Stock Price Up 0.6% – Time to Buy?

Keystone Law Group plc (LON:KEYSGet Free Report) shares traded up 0.6% during mid-day trading on Friday . The company traded as high as GBX 536 and last traded at GBX 534.40. Approximately 86,242 shares were traded during mid-day trading, an increase of 5% from the average session volume of 81,955 shares. The stock had previously closed at GBX 531.

Keystone Law Group Trading Up 0.6%

The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 8.06. The firm has a market cap of £168.06 million, a price-to-earnings ratio of 15.58 and a beta of 0.27. The company has a 50-day moving average price of GBX 546.84 and a 200 day moving average price of GBX 550.55.

Keystone Law Group (LON:KEYSGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported GBX 37 earnings per share for the quarter. The firm 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%. As a group, research analysts anticipate that Keystone Law Group plc will post 22.8524455 earnings per share for the current fiscal year.

Keystone Law Group declared that its Board of Directors has authorized a share repurchase plan on Friday, May 15th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at Keystone Law Group

In related news, insider Robin George Williams acquired 3,000 shares of the stock in a transaction that occurred on Wednesday, April 29th. The shares were purchased at an average cost of GBX 496 per share, with a total value of £14,880. Also, insider Isabel J. S. Napper acquired 950 shares of the company’s stock in a transaction on Wednesday, April 29th. The stock was bought at an average price of GBX 502 per share, for a total transaction of £4,769. Insiders purchased 5,950 shares of company stock valued at $2,968,900 over the last three months. 29.43% of the stock is owned by corporate insiders.

Keystone Law Group Company Profile

(Get Free Report)

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.

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