Ramsdens (LON:RFX) Reaches New 1-Year High – Here’s Why

Ramsdens Holdings PLC (LON:RFX)’s share price hit a new 52-week high on Monday . The stock traded as high as GBX 250 ($3.15) and last traded at GBX 241.78 ($3.04), with a volume of 104045 shares traded. The stock had previously closed at GBX 245 ($3.08).

Ramsdens Stock Down 1.3 %

The company has a market capitalization of £77.45 million, a PE ratio of 9.86 and a beta of 1.22. The company has a quick ratio of 1.62, a current ratio of 3.14 and a debt-to-equity ratio of 33.70. The firm has a 50-day moving average of GBX 233.58 and a two-hundred day moving average of GBX 222.43.

Ramsdens (LON:RFX) last issued its quarterly earnings data on Tuesday, January 14th. The company reported GBX 26.10 ($0.33) earnings per share for the quarter. Ramsdens had a return on equity of 15.34% and a net margin of 8.78%. Equities research analysts predict that Ramsdens Holdings PLC will post 20.0899991 earnings per share for the current fiscal year.

Ramsdens Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, February 13th will be paid a GBX 7.60 ($0.10) dividend. This is a boost from Ramsdens’s previous dividend of $3.60. This represents a dividend yield of 3.23%. The ex-dividend date is Thursday, February 13th. Ramsdens’s dividend payout ratio (DPR) is presently 44.86%.

Insider Activity

In other news, insider Peter Edward Kenyon sold 90,000 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of GBX 226 ($2.84), for a total value of £203,400 ($255,881.24). Insiders own 19.77% of the company’s stock.

Ramsdens Company Profile