Shares of Industria de Diseno Textil SA (OTCMKTS:IDEXY - Get Free Report) saw strong trading volume on Friday . 640,618 shares traded hands during mid-day trading, an increase of 46% from the previous session's volume of 437,761 shares.The stock last traded at $25.55 and had previously closed at $25.46.
Wall Street Analyst Weigh In
IDEXY has been the subject of a number of research analyst reports. BNP Paribas raised Industria de Diseno Textil to a "strong-buy" rating in a research report on Tuesday, April 22nd. Citigroup upgraded Industria de Diseno Textil to a "strong-buy" rating in a report on Thursday, March 13th.
Check Out Our Latest Analysis on Industria de Diseno Textil
Industria de Diseno Textil Stock Up 5.6%
The business's 50 day moving average is $26.87 and its 200 day moving average is $26.45. The company has a market cap of $167.61 billion, a P/E ratio of 26.11, a P/E/G ratio of 3.04 and a beta of 1.14.
Industria de Diseno Textil (OTCMKTS:IDEXY - Get Free Report) last released its quarterly earnings results on Wednesday, June 11th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.02). Industria de Diseno Textil had a return on equity of 32.34% and a net margin of 15.19%. The company had revenue of $9.45 billion during the quarter, compared to the consensus estimate of $8.53 billion. As a group, equities research analysts forecast that Industria de Diseno Textil SA will post 0.99 EPS for the current year.
Industria de Diseno Textil Increases Dividend
The company also recently declared a dividend, which was paid on Monday, May 19th. Stockholders of record on Thursday, May 1st were issued a $0.3187 dividend. This is a boost from Industria de Diseno Textil's previous dividend of $0.29. This represents a dividend yield of 2.21%. The ex-dividend date was Wednesday, April 30th. Industria de Diseno Textil's dividend payout ratio (DPR) is currently 61.17%.
About Industria de Diseno Textil
(
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Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.
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