Churchill China (LON:CHH) Sets New 12-Month Low – Here’s Why

Churchill China plc (LON:CHH) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 800 ($10.29) and last traded at GBX 812 ($10.45), with a volume of 10377 shares. The stock had previously closed at GBX 825 ($10.62).

Churchill China Trading Down 1.6 %

The company has a debt-to-equity ratio of 1.10, a current ratio of 4.18 and a quick ratio of 2.22. The stock has a market cap of £89.32 million, a price-to-earnings ratio of 1,161.97, a P/E/G ratio of 4.81 and a beta of 0.96. The business’s fifty day simple moving average is GBX 898.31 and its 200 day simple moving average is GBX 1,070.05.

Churchill China Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, September 12th were paid a dividend of GBX 11.50 ($0.15) per share. The ex-dividend date was Thursday, September 12th. This represents a yield of 1.06%. Churchill China’s dividend payout ratio is currently 5,211.27%.

Insider Buying and Selling at Churchill China

In other Churchill China news, insider Martin Payne bought 1,000 shares of the company’s stock in a transaction on Thursday, October 17th. The stock was bought at an average price of GBX 904 ($11.63) per share, for a total transaction of £9,040 ($11,632.99). Corporate insiders own 24.64% of the company’s stock.

About Churchill China

Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally. The company provides plates, bowls, trays and boards, crates and carriers, stands and risers, cookware, counter serving ware, cups, mugs, saucers, beverage pots, jugs, chip mugs, dip pots and sauce dishes, lids, glassware, cutlery, utensils, and accessories, as well as raw materials for the ceramics industry.