Yellow Pages (TSE:Y) Hits New 52-Week Low – Here’s What Happened

Yellow Pages Limited (TSE:Y)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.09 and last traded at C$12.90, with a volume of 3600 shares trading hands. The stock had previously closed at C$13.47.

Analyst Upgrades and Downgrades

Separately, National Bank Financial boosted their price target on shares of Yellow Pages from C$12.00 to C$12.50 and gave the stock a “sector perform” rating in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of C$12.50.

Yellow Pages Stock Down 4.2%

The stock has a 50-day simple moving average of C$12.83 and a two-hundred day simple moving average of C$12.83. The company has a quick ratio of 3.26, a current ratio of 2.23 and a debt-to-equity ratio of 113.63. The firm has a market cap of C$148.75 million, a PE ratio of 9.28, a P/E/G ratio of -0.32 and a beta of 0.96.

Yellow Pages (TSE:Y) last released its earnings results on Thursday, August 6th. The company reported C$0.29 earnings per share for the quarter. The company had revenue of C$47.56 million during the quarter. Yellow Pages had a return on equity of 40.00% and a net margin of 9.95%. Analysts expect that Yellow Pages Limited will post 1.6202946 earnings per share for the current year.

Yellow Pages Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $1.00 annualized dividend and a dividend yield of 7.8%. Yellow Pages’s dividend payout ratio (DPR) is currently 71.94%.

Yellow Pages Company Profile

Yellow Pages Ltd is a media and marketing solutions company in Canada, offering small and medium-sized enterprises (SMEs) services to help them connect with local consumers. The company has two reportable segments namely Yellow Pages and Other. It generates maximum revenue from the Yellow Pages segment.