Chemring Group PLC (LON:CHG - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 387.66 ($5.21) and traded as high as GBX 574 ($7.72). Chemring Group shares last traded at GBX 561 ($7.54), with a volume of 727,690 shares.
Analyst Ratings Changes
Separately, Shore Capital reiterated a "buy" rating on shares of Chemring Group in a report on Tuesday, February 25th.
Read Our Latest Stock Report on CHG
Chemring Group Stock Up 0.5%
The firm has a market cap of £1.52 billion, a PE ratio of 690.55, a PEG ratio of 1.99 and a beta of 0.68. The stock has a fifty day moving average price of GBX 459.11 and a 200-day moving average price of GBX 389.06. The company has a debt-to-equity ratio of 27.42, a quick ratio of 0.71 and a current ratio of 1.22.
Chemring Group (LON:CHG - Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The company reported GBX 7 ($0.09) earnings per share for the quarter. Chemring Group had a return on equity of 0.88% and a net margin of 0.64%. Research analysts expect that Chemring Group PLC will post 24.8815166 EPS for the current year.
Chemring Group Increases Dividend
The business also recently declared a dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, March 20th were issued a GBX 5.20 ($0.07) dividend. This represents a yield of 1.44%. The ex-dividend date was Thursday, March 20th. This is a boost from Chemring Group's previous dividend of $2.60. Chemring Group's dividend payout ratio is currently 857.06%.
About Chemring Group
(
Get Free Report)
We are a specialist manufacturing and technology business creating market-leading innovative solutions to meet our customers' complex needs.
Using our extensive science and engineering expertise, we turn ideas into reality, designing and developing critical solutions that protect and safeguard in unpredictable environments in today's increasingly unstable world.
We achieve this by innovating at every stage of the value chain, from research and development (“R&D”) through to design, manufacture and in-service support, working closely with our customers to deliver products, services and solutions for mission-critical success.
Our customer base spans national defence organisations, security and law enforcement agencies, as well as commercial markets such as space and transport.
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