Keystone Law Group (LON:KEYS) Shares Down 0.9% – Here’s Why

Shares of Keystone Law Group plc (LON:KEYS) dropped 0.9% on Friday . The company traded as low as GBX 546 ($7.09) and last traded at GBX 546 ($7.09). Approximately 41,296 shares were traded during trading, a decline of 13% from the average daily volume of 47,262 shares. The stock had previously closed at GBX 551 ($7.15).

Keystone Law Group Trading Down 0.9 %

The stock has a 50 day moving average of GBX 614.60 and a 200-day moving average of GBX 645.84. The company has a market capitalization of £172.48 million, a P/E ratio of 2,275.00 and a beta of 0.26. The company has a current ratio of 1.56, a quick ratio of 1.46 and a debt-to-equity ratio of 13.53.

Keystone Law Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, September 19th were issued a dividend of GBX 6.20 ($0.08) per share. This represents a yield of 0.94%. The ex-dividend date was Thursday, September 19th. Keystone Law Group’s dividend payout ratio is currently 7,916.67%.

About Keystone Law Group

Keystone Law Group plc provides conventional legal services in the United Kingdom. The company offers its legal services in the areas of banking and finance, capital market, commercial, commercial property, construction and projects, corporate, data protection, dispute resolution, employment, EU and competition law, family and matrimonial, fraud and financial crime, and immigration.