Fonix Mobile (LON:FNX) Stock Price Down 2.8% - Time to Sell?

Fonix Mobile plc (LON:FNX - Get Free Report)'s stock price fell 2.8% on Friday . The stock traded as low as GBX 207 ($2.79) and last traded at GBX 208.50 ($2.81). 137,796 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 164,837 shares. The stock had previously closed at GBX 214.50 ($2.90).

Fonix Mobile Trading Up 3.0%

The company's fifty day moving average is GBX 207.59 and its two-hundred day moving average is GBX 213.74. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.16 and a current ratio of 1.17. The company has a market cap of £205.88 million, a price-to-earnings ratio of 19.27 and a beta of 0.67.

Fonix Mobile (LON:FNX - Get Free Report) last issued its quarterly earnings results on Tuesday, March 18th. The company reported GBX 6.20 ($0.08) earnings per share for the quarter. Fonix Mobile had a net margin of 14.03% and a return on equity of 101.42%. On average, research analysts anticipate that Fonix Mobile plc will post 10.9108622 EPS for the current year.

Fonix Mobile Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, April 4th. Investors of record on Thursday, March 27th were issued a GBX 2.90 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a yield of 1.59%. Fonix Mobile's dividend payout ratio (DPR) is presently 64.86%.

Fonix Mobile Company Profile

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.