Shares of Fonix Mobile plc (LON:FNX – Get Free Report) fell 0.7% on Tuesday . The stock traded as low as GBX 221 ($2.79) and last traded at GBX 222 ($2.80). 65,536 shares were traded during mid-day trading, a decline of 40% from the average session volume of 108,874 shares. The stock had previously closed at GBX 223.50 ($2.82).
Fonix Mobile Stock Down 0.2 %
The company has a current ratio of 1.17, a quick ratio of 1.16 and a debt-to-equity ratio of 2.45. The firm has a market cap of £220.87 million, a PE ratio of 20.68 and a beta of 0.67. The business’s 50-day simple moving average is GBX 219.25 and its 200 day simple moving average is GBX 227.31.
Fonix Mobile Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Saturday, July 12th. Investors of record on Wednesday, January 29th will be given a dividend of GBX 3 ($0.04) per share. This represents a yield of 1.38%. The ex-dividend date is Wednesday, January 29th. Fonix Mobile’s payout ratio is currently 64.86%.
Fonix Mobile Company Profile
Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.
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