Keystone Law Group (LON:KEYS) Trading 0.9% Higher – Should You Buy?

Shares of Keystone Law Group plc (LON:KEYS) rose 0.9% during trading on Friday . The stock 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 Price Performance

The stock has a market capitalization of £169.34 million, a PE ratio of 15.65 and a beta of 0.26. 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 stock’s 50-day moving average is GBX 536.90 and its 200 day moving average is GBX 558.22.

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

Keystone Law Group declared that its board has authorized a share buyback program on Friday, May 15th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other news, insider Salar Farzad bought 2,000 shares of the stock in a transaction on Wednesday, April 29th. The shares were purchased at an average price of GBX 502 per share, for a total transaction of £10,040. Also, insider Robin George Williams bought 3,000 shares of the stock in a transaction on Wednesday, April 29th. The stock was purchased at an average price of GBX 496 per share, for a total transaction of £14,880. Over the last ninety days, insiders bought 5,950 shares of company stock worth $2,968,900. Corporate insiders own 29.29% of the company’s stock.

Keystone Law Group Company Profile

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.