Dowlais Group (LON:DWL) Shares Down 0.2% - What's Next?

Dowlais Group plc (LON:DWL - Get Free Report)'s stock price traded down 0.2% during trading on Wednesday . The stock traded as low as GBX 65.35 ($0.88) and last traded at GBX 66.55 ($0.90). 782,340 shares changed hands during trading, a decline of 92% from the average session volume of 9,565,878 shares. The stock had previously closed at GBX 66.70 ($0.90).

Dowlais Group Stock Up 0.3%

The stock's fifty day simple moving average is GBX 59.71 and its two-hundred day simple moving average is GBX 63.36. The firm has a market cap of £899.96 million and a PE ratio of -1.75.

Dowlais Group (LON:DWL - Get Free Report) last announced its quarterly earnings results on Wednesday, March 5th. The company reported GBX 11.40 ($0.15) earnings per share (EPS) for the quarter. Dowlais Group had a negative net margin of 11.24% and a negative return on equity of 21.02%. On average, equities research analysts anticipate that Dowlais Group plc will post 13.5660848 earnings per share for the current fiscal year.

Dowlais Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, April 17th were given a dividend of GBX 2.80 ($0.04) per share. The ex-dividend date of this dividend was Thursday, April 17th. This is a boost from Dowlais Group's previous dividend of $1.40. This represents a dividend yield of 4.27%. Dowlais Group's dividend payout ratio (DPR) is -10.52%.

Insider Activity

In other Dowlais Group news, insider Liam Butterworth bought 86,532 shares of Dowlais Group stock in a transaction on Monday, March 10th. The stock was acquired at an average cost of GBX 67 ($0.90) per share, with a total value of £57,976.44 ($78,009.20). Insiders own 1.78% of the company's stock.

Dowlais Group Company Profile

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.