Bytes Technology Group plc (LON:BYIT – Get Free Report)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 80.40 ($1.04) and last traded at GBX 483.57 ($6.28), with a volume of 929270 shares trading hands. The stock had previously closed at GBX 483.20 ($6.28).
Bytes Technology Group Stock Performance
The company’s 50-day moving average price is GBX 511.68 and its two-hundred day moving average price is GBX 531.23. The company has a debt-to-equity ratio of 3.50, a quick ratio of 0.98 and a current ratio of 1.08. The stock has a market cap of £1.16 billion, a PE ratio of 2,543.16, a PEG ratio of 2.27 and a beta of 0.68.
Bytes Technology Group Increases Dividend
The business also recently announced a dividend, which was paid on Friday, August 2nd. Stockholders of record on Thursday, July 18th were paid a dividend of GBX 14.70 ($0.19) per share. This is a positive change from Bytes Technology Group’s previous dividend of $2.70. The ex-dividend date was Thursday, July 18th. This represents a dividend yield of 2.58%. Bytes Technology Group’s payout ratio is presently 4,736.84%.
Insider Activity at Bytes Technology Group
Bytes Technology Group Company Profile
Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services.
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