WH Smith (LON:SMWH) Sets New 52-Week Low – Here’s What Happened

WH Smith PLC (LON:SMWH)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 1,012 ($13.08) and last traded at GBX 1,026 ($13.26), with a volume of 208557 shares changing hands. The stock had previously closed at GBX 1,039 ($13.43).

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,600 ($20.69) price objective on shares of WH Smith in a report on Friday, February 28th.

WH Smith Stock Up 0.5 %

The firm has a market capitalization of £1.31 billion, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The business has a 50 day moving average of GBX 1,154.18 and a 200 day moving average of GBX 1,247.25. The company has a debt-to-equity ratio of 253.13, a current ratio of 0.85 and a quick ratio of 0.42.

WH Smith Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 16th were given a GBX 22.60 ($0.29) dividend. This represents a yield of 1.74%. The ex-dividend date was Thursday, January 16th. This is a positive change from WH Smith’s previous dividend of $11.00. WH Smith’s dividend payout ratio is 66.01%.

WH Smith Company Profile

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.