Shares of Richelieu Hardware Ltd. (TSE:RCH - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$35.74 and traded as low as C$34.70. Richelieu Hardware shares last traded at C$34.81, with a volume of 53,710 shares.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on RCH shares. CIBC lifted their price objective on Richelieu Hardware from C$32.00 to C$38.00 in a report on Monday, April 14th. National Bankshares dropped their price objective on Richelieu Hardware from C$37.50 to C$37.00 and set a "sector perform" rating on the stock in a report on Thursday, June 26th.
Read Our Latest Stock Report on RCH
Richelieu Hardware Stock Performance
The company has a fifty day moving average price of C$35.28 and a two-hundred day moving average price of C$35.69. The firm has a market cap of C$1.99 billion, a price-to-earnings ratio of 22.33, a price-to-earnings-growth ratio of 0.77 and a beta of 0.94. The company has a debt-to-equity ratio of 26.37, a current ratio of 3.46 and a quick ratio of 0.72.
Richelieu Hardware Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 7th. Investors of record on Thursday, August 7th will be given a dividend of $0.1533 per share. This represents a $0.61 annualized dividend and a yield of 1.71%. The ex-dividend date is Thursday, July 24th. Richelieu Hardware's payout ratio is 37.34%.
Richelieu Hardware Company Profile
(
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Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company's sales are derived from its operations in Canada.
Further Reading
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