Insider Selling: Colefax Group PLC (LON:CFX) Insider Sells 10,000 Shares of Stock

Colefax Group PLC (LON:CFX) insider Wendy Nicholls sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of GBX 780 ($10.13), for a total transaction of £78,000 ($101,272.40).

Colefax Group Stock Performance

Shares of Colefax Group stock opened at GBX 810 ($10.52) on Friday. Colefax Group PLC has a fifty-two week low of GBX 644 ($8.36) and a fifty-two week high of GBX 917 ($11.91). The business’s fifty day moving average is GBX 840.44 and its two-hundred day moving average is GBX 841.37. The company has a quick ratio of 1.25, a current ratio of 1.97 and a debt-to-equity ratio of 73.77. The firm has a market cap of £49.90 million, a PE ratio of 920.45 and a beta of 0.22.

Colefax Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 11th. Stockholders of record on Thursday, September 12th were paid a dividend of GBX 2.90 ($0.04) per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a dividend yield of 0.34%. This is an increase from Colefax Group’s previous dividend of $2.70. Colefax Group’s dividend payout ratio is currently 681.82%.

About Colefax Group

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in the United Kingdom, the United States, rest of Europe, and internationally. The company operates in two divisions, Product and Decorating.