Appreciate Group (LON:APP) Earns Buy Rating from Liberum Capital


Liberum Capital reaffirmed their buy rating on shares of Appreciate Group (LON:APP) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports.

LON:APP opened at GBX 63.50 ($0.84) on Tuesday. The stock’s 50-day moving average is GBX 59.79. The company has a market cap of $118.33 million and a P/E ratio of 12.96. The company has a debt-to-equity ratio of 54.32, a quick ratio of 0.08 and a current ratio of 1.01. Appreciate Group has a 52-week low of GBX 46 ($0.61) and a 52-week high of GBX 70 ($0.92).

Appreciate Group (LON:APP) last issued its quarterly earnings results on Wednesday, November 27th. The company reported GBX (0.56) (($0.01)) earnings per share for the quarter.

The firm also recently declared a dividend, which will be paid on Monday, April 6th. Shareholders of record on Thursday, February 27th will be paid a dividend of GBX 1.05 ($0.01) per share. This represents a dividend yield of 2.21%. The ex-dividend date of this dividend is Thursday, February 27th. Appreciate Group’s dividend payout ratio is presently 0.41%.

In other Appreciate Group news, insider Laura Carstensen purchased 35,000 shares of Appreciate Group stock in a transaction on Thursday, December 19th. The shares were bought at an average price of GBX 49 ($0.64) per share, with a total value of £17,150 ($22,559.85).

Appreciate Group Company Profile

Appreciate Group plc provides prepaid gift cards, multi-retailer vouchers, and digital rewards services to corporate and consumer markets in the United Kingdom and Ireland. The company is involved in Christmas savings business, which offers vouchers, prepaid cards, and gifts in time for Christmas; and Love2shop Business Services that provides reward solutions, including multi-retailer vouchers and prepaid cards, single store vouchers and cards, gift experiences, holidays, and travel solutions.

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