Churchill China (LON:CHH) Hits New 52-Week Low – Should You Sell?

Churchill China plc (LON:CHH) reached a new 52-week low on Wednesday . The stock traded as low as GBX 560 ($7.11) and last traded at GBX 707.50 ($8.98), with a volume of 31983 shares changing hands. The stock had previously closed at GBX 825 ($10.47).

Churchill China Stock Performance

The stock has a 50 day simple moving average of GBX 882.26 and a two-hundred day simple moving average of GBX 1,061.55. 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 company has a market capitalization of £77.83 million, a price-to-earnings ratio of 998.59, a PEG ratio of 4.81 and a beta of 0.96.

Churchill China Cuts Dividend

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

Insider Buying and Selling at Churchill China

In related news, insider Martin Payne bought 1,000 shares of the stock in a transaction dated Thursday, October 17th. The stock was bought at an average cost of GBX 904 ($11.47) per share, with a total value of £9,040 ($11,472.08). 24.64% of the stock is owned by insiders.

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.