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

Shares of Ramsdens Holdings PLC (LON:RFXGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Ramsdens Price Performance

The company has a current ratio of 3.14, a quick ratio of 1.62 and a debt-to-equity ratio of 33.70. The business’s 50 day moving average price is GBX 228.63 and its two-hundred day moving average price is GBX 224.39. The stock has a market cap of £66.95 million, a P/E 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) EPS for the quarter. Ramsdens had a net margin of 8.78% and a return on equity of 15.34%. As a group, sell-side analysts expect 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 was paid on Friday, March 21st. Investors of record on Thursday, February 13th were given a dividend of GBX 7.60 ($0.10) per share. This represents a yield of 3.23%. The ex-dividend date of this dividend was Thursday, February 13th. This is a positive change from Ramsdens’s previous dividend of $3.60. Ramsdens’s dividend payout ratio (DPR) is 44.86%.

Insiders Place Their Bets

In other news, insider Peter Edward Kenyon sold 90,000 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of GBX 226 ($2.91), for a total value of £203,400 ($262,282.40). Corporate insiders own 19.77% of the company’s stock.

Ramsdens Company Profile

(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.