AIREA (LON:AIEA) Trading Up 1.7%

AIREA plc (LON:AIEAGet Free Report) shares shot up 1.7% on Thursday . The stock traded as high as GBX 33.50 ($0.42) and last traded at GBX 33.50 ($0.42). 15,000 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 23,503 shares. The stock had previously closed at GBX 32.95 ($0.41).

AIREA Stock Performance

The firm’s 50-day moving average price is GBX 30.43 and its 200 day moving average price is GBX 27.17. The company has a debt-to-equity ratio of 14.48, a quick ratio of 1.66 and a current ratio of 2.91. The company has a market cap of £13.65 million, a price-to-earnings ratio of 1,067.00 and a beta of 1.05.

AIREA Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 20th. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 0.55 ($0.01) per share. This is a boost from AIREA’s previous dividend of $0.50. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 1.86%. AIREA’s payout ratio is currently 3,333.33%.

AIREA Company Profile

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AIREA plc, together with its subsidiaries, engages in the designing and manufacture of floor coverings in the United Kingdom and internationally. The company offers carpet tiles and planks for architects, specifiers and contractors in the education, leisure, commercial, healthcare, and public sectors under the Burmatex brand name.

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