Photo-Me International (LON:PHTM) Price Target Cut to GBX 150

Photo-Me International (LON:PHTM) had its price objective lowered by FinnCap from GBX 155 ($2.03) to GBX 150 ($1.96) in a report published on Thursday, ThisIsMoney.Co.Uk reports. The firm currently has a corporate rating on the stock.

LON PHTM opened at GBX 96.50 ($1.26) on Thursday. The company has a market cap of $364.78 million and a price-to-earnings ratio of 10.16. Photo-Me International has a one year low of GBX 75 ($0.98) and a one year high of GBX 132 ($1.72). The company has a debt-to-equity ratio of 42.37, a quick ratio of 1.50 and a current ratio of 1.79. The stock’s 50 day simple moving average is GBX 94.03.

The company also recently declared a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 17th will be issued a GBX 4.73 ($0.06) dividend. This represents a yield of 4.91%. The ex-dividend date of this dividend is Thursday, October 17th. This is a positive change from Photo-Me International’s previous dividend of $3.71. Photo-Me International’s dividend payout ratio (DPR) is 0.84%.

In related news, insider Serge Crasnianski bought 200,000 shares of the company’s stock in a transaction dated Thursday, July 18th. The stock was purchased at an average cost of GBX 90 ($1.18) per share, with a total value of £180,000 ($235,201.88). Also, insider Francoise Coutaz-Replan sold 232,000 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of GBX 90 ($1.18), for a total transaction of £208,800 ($272,834.18).

About Photo-Me International

Photo-Me International plc operates, sells, and services a range of instant-service equipment in Continental Europe, the United Kingdom, Ireland, Asia, and internationally. It operates coin-operated automatic photobooths for identification and fun purposes, as well as vending equipment, including digital photo kiosks, amusement machines, business service equipment, laundry machines, and children's rides.

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