Biffa (LON:BIFF) Trading Up 0.2%

Biffa PLC (LON:BIFF)’s stock price was up 0.2% on Tuesday . The company traded as high as GBX 200.50 ($2.62) and last traded at GBX 199 ($2.60), approximately 99,036 shares traded hands during mid-day trading. A decline of 89% from the average daily volume of 890,367 shares. The stock had previously closed at GBX 198.60 ($2.60).

A number of equities analysts recently weighed in on BIFF shares. Peel Hunt decreased their price target on Biffa from GBX 264 ($3.45) to GBX 252 ($3.29) and set a “buy” rating for the company in a research report on Wednesday, July 10th. HSBC decreased their price target on Biffa from GBX 285 ($3.72) to GBX 280 ($3.66) and set a “buy” rating for the company in a research report on Wednesday, June 12th. Numis Securities reiterated a “buy” rating on shares of Biffa in a research report on Wednesday, June 5th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Biffa in a research report on Wednesday, May 15th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 267.40 ($3.49).

The company has a current ratio of 0.98, a quick ratio of 0.89 and a debt-to-equity ratio of 116.38. The firm has a market cap of $497.50 million and a price-to-earnings ratio of 27.64. The stock has a 50-day moving average of GBX 210 and a two-hundred day moving average of GBX 214.72.

In other Biffa news, insider Richard Pike acquired 9,355 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was purchased at an average cost of GBX 213 ($2.78) per share, for a total transaction of £19,926.15 ($26,037.04). Also, insider Michael Topham sold 131,844 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of GBX 223 ($2.91), for a total value of £294,012.12 ($384,178.91).

About Biffa (LON:BIFF)

Biffa plc provides waste management services in the United Kingdom. It operates through four divisions: Industrial & Commercial, Municipal, Resource Recovery & Treatment, and Energy. The company is involved in the collection, treatment, processing, and disposal of industrial and commercial waste and recyclable materials; production and sale of energy from waste; and sale of recovered commodities, such as paper, glass, metals, and plastic.

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