Nichols (LON:NICL) Reaches New 12-Month High – Here’s What Happened

Nichols plc (LON:NICL)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 1,365 ($17.76) and last traded at GBX 1,360 ($17.69), with a volume of 129001 shares traded. The stock had previously closed at GBX 1,335 ($17.37).

Nichols Trading Down 0.4 %

The company has a debt-to-equity ratio of 1.80, a current ratio of 3.73 and a quick ratio of 2.58. The firm’s 50-day simple moving average is GBX 1,298.15 and its 200 day simple moving average is GBX 1,214.57. The firm has a market capitalization of £478.47 million, a price-to-earnings ratio of 25.56 and a beta of 0.50.

Nichols (LON:NICL) last released its earnings results on Wednesday, March 12th. The company reported GBX 64.02 ($0.83) earnings per share for the quarter. Nichols had a net margin of 11.07% and a return on equity of 18.96%. Equities analysts expect that Nichols plc will post 62.4371859 earnings per share for the current year.

Nichols Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 1st. Shareholders of record on Thursday, March 20th will be issued a dividend of GBX 17.10 ($0.22) per share. This represents a yield of 1.25%. The ex-dividend date is Thursday, March 20th. Nichols’s dividend payout ratio is 60.49%.

Nichols Company Profile