Ramsdens (LON:RFX) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Ramsdens Holdings PLC (LON:RFXGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 228.63 ($2.95) and traded as low as GBX 205 ($2.64). Ramsdens shares last traded at GBX 209 ($2.70), with a volume of 89,371 shares.

Ramsdens Stock Down 2.8 %

The company has a debt-to-equity ratio of 33.70, a quick ratio of 1.62 and a current ratio of 3.14. The business has a 50-day moving average of GBX 228.63 and a 200-day moving average of GBX 224.37. The stock has a market capitalization of £66.95 million, a price-to-earnings ratio of 8.52 and a beta of 1.22.

Ramsdens (LON:RFXGet Free Report) last posted its quarterly earnings data on Tuesday, January 14th. The company reported GBX 26.10 ($0.34) earnings per share for the quarter. Ramsdens had a return on equity of 15.34% and a net margin of 8.78%. On average, sell-side analysts expect that Ramsdens Holdings PLC will post 20.0899991 EPS for the current year.

Ramsdens Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Thursday, February 13th were given a dividend of GBX 7.60 ($0.10) per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a yield of 3.23%. This is an increase from Ramsdens’s previous dividend of $3.60. Ramsdens’s dividend payout ratio is presently 44.86%.

Insider Activity

In other news, insider Peter Edward Kenyon sold 90,000 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of GBX 226 ($2.92), for a total value of £203,400 ($262,383.90). Insiders own 19.77% of the company’s stock.

About Ramsdens

(Get Free Report)

See Also

Receive News & Ratings for Ramsdens Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ramsdens and related companies with MarketBeat.com's FREE daily email newsletter.