Ingenta (LON:ING) Trading Down 0.6% – What’s Next?

Shares of Ingenta plc (LON:ING) fell 0.6% during trading on Wednesday . The company traded as low as GBX 79 ($1.00) and last traded at GBX 79.50 ($1.01). 2,015 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 15,872 shares. The stock had previously closed at GBX 80 ($1.01).

Ingenta Price Performance

The company has a debt-to-equity ratio of 5.09, a current ratio of 1.60 and a quick ratio of 1.30. The company has a fifty day moving average price of GBX 88.95 and a 200 day moving average price of GBX 112.03. The company has a market capitalization of £11.54 million, a P/E ratio of 883.33 and a beta of 0.16.

Ingenta Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, November 4th. Stockholders of record on Thursday, October 3rd were given a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a dividend yield of 1.27%. Ingenta’s dividend payout ratio is currently 4,444.44%.

Ingenta Company Profile

Ingenta plc, together with its subsidiaries, provides content management, advertising, and commercial enterprise solutions and services in the United Kingdom and internationally. The company offers applications designed to manage intellectual property assets and published content for print and digital products, such as royalty calculation, online sales and marketing, digital and print distribution, product, and subscription management.