Record (LON:REC) Reaches New 52-Week Low – What’s Next?

Record plc (LON:REC)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 55 ($0.69) and last traded at GBX 56 ($0.70), with a volume of 255337 shares. The stock had previously closed at GBX 58 ($0.73).

Record Trading Down 2.2 %

The company has a current ratio of 4.35, a quick ratio of 4.03 and a debt-to-equity ratio of 0.64. The firm has a market cap of £105.02 million, a PE ratio of 1,116.00 and a beta of 1.05. The business has a fifty day moving average price of GBX 62.25 and a 200 day moving average price of GBX 63.92.

Record Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 28th will be paid a GBX 2.15 ($0.03) dividend. The ex-dividend date is Thursday, November 28th. This represents a yield of 3.45%. Record’s dividend payout ratio is currently 10,000.00%.

About Record

Record plc, through its subsidiaries, provides currency and derivative management services in the United Kingdom, North America, Continental Europe, Australia, and internationally. It offers asset management services; derivatives, such as options, futures, cross-currency, and total-return swaps; fixed income instruments, including bonds and loans; ancillary services including cash and liquidity management, collateral management, and derivatives overlays.