PZ Cussons (LON:PZC) Hits New 12-Month Low – Here’s Why

PZ Cussons plc (LON:PZC) hit a new 52-week low on Thursday . The stock traded as low as GBX 75.30 ($0.94) and last traded at GBX 78.50 ($0.98), with a volume of 623055 shares. The stock had previously closed at GBX 76.90 ($0.96).

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 120 ($1.50) target price on shares of PZ Cussons in a report on Friday.

PZ Cussons Stock Performance

The firm has a 50-day moving average of GBX 88.03 and a two-hundred day moving average of GBX 98.89. The company has a quick ratio of 1.36, a current ratio of 1.18 and a debt-to-equity ratio of 75.98. The company has a market capitalization of £338.95 million, a PE ratio of -573.57, a PEG ratio of 1.13 and a beta of 0.26.

PZ Cussons Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, December 4th. Investors of record on Thursday, October 31st will be given a dividend of GBX 2.10 ($0.03) per share. This is a boost from PZ Cussons’s previous dividend of $1.50. This represents a yield of 2.03%. The ex-dividend date of this dividend is Thursday, October 31st. PZ Cussons’s dividend payout ratio (DPR) is currently -2,857.14%.

Insider Activity

In other news, insider Jonathan Myers sold 69,429 shares of the business’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of GBX 90 ($1.13), for a total value of £62,486.10 ($78,332.83). Company insiders own 43.74% of the company’s stock.

About PZ Cussons

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.