Ramsdens (LON:RFX) Hits New 52-Week High – What’s Next?

Ramsdens Holdings PLC (LON:RFX) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 250 ($3.11) and last traded at GBX 247 ($3.07), with a volume of 154249 shares. The stock had previously closed at GBX 245 ($3.05).

Ramsdens Stock Performance

The business has a 50-day moving average price of GBX 232.77 and a 200-day moving average price of GBX 221.60. The company has a quick ratio of 1.62, a current ratio of 2.91 and a debt-to-equity ratio of 42.10. The firm has a market capitalization of £78.22 million, a price-to-earnings ratio of 1,021.67 and a beta of 1.22.

Ramsdens (LON:RFX) last released its quarterly earnings results on Tuesday, January 14th. The company reported GBX 26.10 ($0.32) EPS for the quarter. Ramsdens had a return on equity of 17.12% and a net margin of 8.78%. As a group, sell-side analysts forecast that Ramsdens Holdings PLC will post 20.0899991 earnings per share for the current year.

Ramsdens Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, February 13th will be paid a GBX 7.60 ($0.09) dividend. The ex-dividend date is Thursday, February 13th. This is a boost from Ramsdens’s previous dividend of $3.60. This represents a yield of 3.23%. Ramsdens’s dividend payout ratio (DPR) is 4,583.33%.

Insiders Place Their Bets

In other news, insider Peter Edward Kenyon sold 90,000 shares of the stock in a transaction dated Monday, January 27th. The stock was sold at an average price of GBX 226 ($2.81), for a total value of £203,400 ($253,174.01). 19.77% of the stock is owned by insiders.

About Ramsdens