Informa (LON:INF) Sets New 1-Year Low – Here’s What Happened

Informa plc (LON:INF) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 642 ($8.33) and last traded at GBX 665.20 ($8.63), with a volume of 5453275 shares trading hands. The stock had previously closed at GBX 648.20 ($8.41).

Informa Stock Performance

The firm has a fifty day simple moving average of GBX 801.11 and a 200-day simple moving average of GBX 817.81. The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 31.98. The company has a market cap of £8.83 billion, a PE ratio of 28.90, a price-to-earnings-growth ratio of 0.75 and a beta of 1.12.

Informa (LON:INF) last released its quarterly earnings results on Thursday, March 6th. The company reported GBX 50.40 ($0.65) earnings per share (EPS) for the quarter. Informa had a return on equity of 4.75% and a net margin of 9.30%. On average, research analysts forecast that Informa plc will post 59.3240265 EPS for the current fiscal year.

Informa Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 11th. Stockholders of record on Thursday, May 29th will be issued a GBX 13.60 ($0.18) dividend. This represents a dividend yield of 1.77%. This is a boost from Informa’s previous dividend of $6.40. The ex-dividend date is Thursday, May 29th. Informa’s payout ratio is presently 81.82%.

Insider Activity at Informa

In related news, insider Patrick Martell sold 100,567 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of GBX 808 ($10.49), for a total value of £812,581.36 ($1,054,752.54). Also, insider John Rishton acquired 2,608 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were bought at an average cost of GBX 761 ($9.88) per share, with a total value of £19,846.88 ($25,761.79). Insiders acquired a total of 9,858 shares of company stock worth $7,603,838 in the last 90 days. 0.53% of the stock is owned by insiders.

Informa Company Profile

Informa (LSE:INF.L) is a leading international Information Services, Advanced Learning, B2B Exhibitions and Events Group. We’re here to champion the specialist. Through hundreds of brands and a range of products and services, we connect businesses and professionals with the knowledge they need to learn more, know more and do more.