Record (LON:REC) Hits New 52-Week Low – Time to Sell?

Shares of Record plc (LON:RECGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 51 ($0.64) and last traded at GBX 52.25 ($0.65), with a volume of 243731 shares trading hands. The stock had previously closed at GBX 52.30 ($0.65).

Record Trading Down 0.1 %

The firm’s 50 day moving average price is GBX 59.29 and its 200 day moving average price is GBX 62.71. The stock has a market capitalization of £100.50 million, a P/E ratio of 1,045.00 and a beta of 1.05. The company has a debt-to-equity ratio of 0.64, a current ratio of 4.35 and a quick ratio of 4.03.

Record Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 28th were issued a dividend of GBX 2.15 ($0.03) per share. The ex-dividend date of this dividend was Thursday, November 28th. This represents a dividend yield of 3.45%. Record’s dividend payout ratio is presently 10,000.00%.

Record Company Profile

(Get Free Report)

Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf.

We have over 40 years’ experience in passive and active currency hedging, as well as return-seeking strategies.

Further Reading

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