Ramsdens (LON:RFX) Shares Down 1% – Here’s What Happened

Ramsdens Holdings PLC (LON:RFX)’s stock price traded down 1% during mid-day trading on Thursday . The stock traded as low as GBX 215 ($2.78) and last traded at GBX 217.80 ($2.82). 24,424 shares were traded during mid-day trading, a decline of 69% from the average session volume of 79,613 shares. The stock had previously closed at GBX 220 ($2.85).

Ramsdens Stock Down 1.0 %

The company has a quick ratio of 1.62, a current ratio of 3.14 and a debt-to-equity ratio of 33.70. The stock has a 50 day simple moving average of GBX 230.65 and a 200 day simple moving average of GBX 224.71. The stock has a market cap of £69.77 million, a price-to-earnings ratio of 8.88 and a beta of 1.22.

Ramsdens (LON:RFX) last released its quarterly earnings data on Tuesday, January 14th. The company reported GBX 26.10 ($0.34) earnings per share for the quarter. Ramsdens had a net margin of 8.78% and a return on equity of 15.34%. As a group, analysts expect that Ramsdens Holdings PLC will post 20.0899991 earnings per share for the current fiscal year.

Ramsdens Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Thursday, February 13th were issued a dividend of GBX 7.60 ($0.10) per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a yield of 3.23%. This is an increase from Ramsdens’s previous dividend of $3.60. Ramsdens’s dividend payout ratio is 44.86%.

Insiders Place Their Bets

In related news, insider Peter Edward Kenyon sold 90,000 shares of the business’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of GBX 226 ($2.93), for a total value of £203,400 ($263,335.06). 19.77% of the stock is currently owned by insiders.

Ramsdens Company Profile