Touchstar (LON:TST) Shares Up 1.6% – Still a Buy?

Touchstar plc (LON:TST) rose 1.6% on Wednesday . The stock traded as high as GBX 92.50 ($1.17) and last traded at GBX 92.50 ($1.17). Approximately 2,172 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 10,813 shares. The stock had previously closed at GBX 91 ($1.15).

Touchstar Price Performance

The firm has a market cap of £7.59 million, a PE ratio of 1,156.25 and a beta of 1.26. The company has a quick ratio of 1.16, a current ratio of 1.81 and a debt-to-equity ratio of 5.86. The stock has a 50 day moving average price of GBX 101.56 and a two-hundred day moving average price of GBX 98.69.

Touchstar Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, November 21st. Shareholders of record on Thursday, October 24th will be issued a GBX 1.50 ($0.02) dividend. The ex-dividend date is Thursday, October 24th. This represents a dividend yield of 1.46%. Touchstar’s dividend payout ratio is currently 3,750.00%.

Touchstar Company Profile

Touchstar plc, together with its subsidiaries, designs and builds rugged mobile computing devices under the Touchstar brand in the United Kingdom and rest of Europe. It also supplies, installs, and maintains software applications and hardware solutions for mobile applications in the transport, logistics, and access control industries.