FIH group (LON:FIH) Stock Price Down 0.9% – Here’s Why

FIH group plc (LON:FIH) shares dropped 0.9% during mid-day trading on Monday . The stock traded as low as GBX 220 ($2.84) and last traded at GBX 220 ($2.84). Approximately 3,359 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 10,239 shares. The stock had previously closed at GBX 222 ($2.87).

FIH group Price Performance

The company’s 50-day moving average is GBX 238.48 and its 200-day moving average is GBX 248.39. The firm has a market capitalization of £27.72 million, a price-to-earnings ratio of 14.10 and a beta of 0.55. The company has a debt-to-equity ratio of 41.32, a current ratio of 2.16 and a quick ratio of 1.50.

FIH group (LON:FIH) last announced its quarterly earnings results on Thursday, December 19th. The company reported GBX (34.90) (($0.45)) earnings per share for the quarter. FIH group had a net margin of 3.75% and a return on equity of 4.38%. On average, research analysts expect that FIH group plc will post 23.8049713 earnings per share for the current year.

FIH group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 2nd were issued a GBX 1.25 ($0.02) dividend. This represents a yield of 0.52%. The ex-dividend date was Thursday, January 2nd. FIH group’s payout ratio is currently 70.49%.

FIH group Company Profile

FIH group plc, through its subsidiaries, engages in the provision of retailing, property, automotive, insurance, tourism shipping, and fishing agency services in the Falkland Islands and the United Kingdom. It is involved in the retail of food, clothing, electrical goods, home furnishings, gifts, and DIY through retail outlets.