DSW Capital (LON:DSW) Shares Up 5.1% – Here’s What Happened

DSW Capital plc (LON:DSW)’s share price traded up 5.1% during mid-day trading on Wednesday . The stock traded as high as GBX 68.30 ($0.85) and last traded at GBX 68.30 ($0.85). 25,740 shares traded hands during trading, an increase of 60% from the average session volume of 16,051 shares. The stock had previously closed at GBX 65 ($0.80).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of DSW Capital in a report on Tuesday, November 26th.

DSW Capital Price Performance

The firm has a market capitalization of £14.90 million, a P/E ratio of -4,700.00 and a beta of 0.22. The company has a quick ratio of 8.99, a current ratio of 7.09 and a debt-to-equity ratio of 4.89. The business’s 50 day moving average is GBX 66.11 and its 200-day moving average is GBX 60.21.

DSW Capital Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, December 12th will be issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date is Thursday, December 12th. This represents a dividend yield of 1.45%. This is a boost from DSW Capital’s previous dividend of $0.75.

Insider Buying and Selling at DSW Capital

In related news, insider James A. T. Dow bought 508,700 shares of the business’s stock in a transaction on Tuesday, December 10th. The shares were purchased at an average price of GBX 67 ($0.83) per share, for a total transaction of £340,829 ($421,870.28). Company insiders own 75.53% of the company’s stock.

About DSW Capital

DSW Capital plc provides professional services in the United Kingdom. It offers corporate finance advice, financial due diligence, business recovery, equity finance, DSW venture, wealth advisory, forensic and valuation, business planning, and debt and tax advisory services; and asset based lending risk management services in the tech and media sectors.