Christie Group (LON:CTG) Trading Down 7.7%

Shares of Christie Group plc (LON:CTG) traded down 7.7% during trading on Friday . The company traded as low as GBX 120 ($1.52) and last traded at GBX 120 ($1.52). 5,278 shares changed hands during trading, a decline of 62% from the average session volume of 14,063 shares. The stock had previously closed at GBX 130 ($1.64).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Christie Group in a research note on Thursday, June 13th.

Christie Group Price Performance

The firm has a 50 day moving average of GBX 112.16 and a 200-day moving average of GBX 96.22. The company has a current ratio of 0.94, a quick ratio of 1.14 and a debt-to-equity ratio of 313.21. The company has a market cap of £31.84 million, a P/E ratio of -800.00 and a beta of 0.80.

Christie Group Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, July 12th. Investors of record on Thursday, June 13th will be given a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a dividend yield of 0.51%. Christie Group’s dividend payout ratio is -666.67%.

About Christie Group

Christie Group plc, together with its subsidiaries, provides professional services for the hospitality, leisure, healthcare, medical, childcare, education, and retail sectors in Europe and internationally. It operates in three segments: Professional & Financial Services; Stock & Inventory Systems & Services; and Other.