Ramsdens (LON:RFX) Stock Passes Below 50-Day Moving Average - What's Next?

Shares of Ramsdens Holdings PLC (LON:RFX - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 228.63 ($2.92) and traded as low as GBX 205 ($2.62). Ramsdens shares last traded at GBX 209 ($2.67), with a volume of 89,371 shares changing hands.

Ramsdens Price Performance

The company has a market capitalization of £73.68 million, a P/E ratio of 9.38 and a beta of 1.22. The business's 50-day moving average is GBX 228.08 and its two-hundred day moving average is GBX 224.68. The company has a quick ratio of 1.62, a current ratio of 3.14 and a debt-to-equity ratio of 33.70.

Ramsdens (LON:RFX - Get Free Report) last posted its quarterly earnings data on Tuesday, January 14th. The company reported GBX 26.10 ($0.33) EPS for the quarter. Ramsdens had a net margin of 8.78% and a return on equity of 15.34%. As a group, analysts predict that Ramsdens Holdings PLC will post 20.0899991 earnings per share for the current year.

Ramsdens Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Thursday, February 13th were issued a dividend of GBX 7.60 ($0.10) per share. This is a positive change from Ramsdens's previous dividend of $3.60. This represents a yield of 3.23%. The ex-dividend date of this dividend was Thursday, February 13th. Ramsdens's dividend payout ratio (DPR) is 44.86%.

Insider Buying and Selling at Ramsdens

In other Ramsdens news, insider Peter Edward Kenyon sold 90,000 shares of the business's stock in a transaction on Monday, January 27th. The stock was sold at an average price of GBX 226 ($2.89), for a total value of £203,400 ($259,902.89). Corporate insiders own 19.77% of the company's stock.

Ramsdens Company Profile