Fonix Mobile (LON:FNX) Trading Up 0.5% – What’s Next?

Fonix Mobile plc (LON:FNX)’s stock price shot up 0.5% during mid-day trading on Tuesday . The company traded as high as GBX 219 ($2.74) and last traded at GBX 219 ($2.74). 9,771 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 187,937 shares. The stock had previously closed at GBX 218 ($2.73).

Fonix Mobile Stock Performance

The company has a debt-to-equity ratio of 2.45, a current ratio of 1.17 and a quick ratio of 1.16. The company has a 50 day simple moving average of GBX 225.33 and a 200-day simple moving average of GBX 232.65. The stock has a market capitalization of £222.71 million, a P/E ratio of 2,045.45 and a beta of 0.67.

Fonix Mobile Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 21st were issued a dividend of GBX 5.70 ($0.07) per share. The ex-dividend date was Thursday, November 21st. This is an increase from Fonix Mobile’s previous dividend of $2.60. This represents a yield of 2.45%. Fonix Mobile’s dividend payout ratio is 6,363.64%.

About Fonix Mobile

Fonix Mobile plc provides mobile payments and messaging, and managed services for media, charity, gaming, ticketing, mobility, and other digital service businesses in the United Kingdom. It offers carrier and SMS billing, and voice services. The company also provides payment APIs for mobile operated payments, checkout services, campaign manager platform, messaging APIs for SMS delivery, and data verification services.