Record (LON:REC) Hits New 12-Month Low – Should You Sell?

Record plc (LON:RECGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 51 ($0.64) and last traded at GBX 52.25 ($0.65), with a volume of 243731 shares trading hands. The stock had previously closed at GBX 52.30 ($0.65).

Record Price Performance

The stock has a market capitalization of £100.50 million, a PE ratio of 1,045.00 and a beta of 1.05. The company has a debt-to-equity ratio of 0.64, a current ratio of 4.35 and a quick ratio of 4.03. The firm’s 50 day simple moving average is GBX 59.29 and its 200 day simple moving average is GBX 62.71.

Record Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 28th were paid a GBX 2.15 ($0.03) dividend. This represents a yield of 3.45%. The ex-dividend date of this dividend was Thursday, November 28th. Record’s dividend payout ratio is presently 10,000.00%.

Record Company Profile

(Get Free Report)

Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf.

We have over 40 years’ experience in passive and active currency hedging, as well as return-seeking strategies.

Further Reading

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