Galliford Try (LON:GFRD) Trading Down 0.5% – Here’s What Happened

Galliford Try Holdings plc (LON:GFRD)’s stock price dropped 0.5% on Thursday . The stock traded as low as GBX 361 ($4.56) and last traded at GBX 368 ($4.64). Approximately 110,299 shares changed hands during trading, a decline of 47% from the average daily volume of 207,683 shares. The stock had previously closed at GBX 370 ($4.67).

Galliford Try Stock Performance

The company has a market cap of £370.74 million, a P/E ratio of 1,051.43, a PEG ratio of 0.90 and a beta of 1.12. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 43.30. The business has a 50 day moving average price of GBX 368.20 and a 200-day moving average price of GBX 311.60.

Galliford Try Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 7th were paid a GBX 11.50 ($0.15) dividend. The ex-dividend date was Thursday, November 7th. This represents a yield of 3.83%. This is a boost from Galliford Try’s previous dividend of $4.00. Galliford Try’s dividend payout ratio (DPR) is currently 4,571.43%.

Insider Activity

In other Galliford Try news, insider Bill Hocking sold 159,626 shares of the stock in a transaction dated Monday, October 7th. The shares were sold at an average price of GBX 327 ($4.13), for a total value of £521,977.02 ($658,812.34). 7.70% of the stock is owned by insiders.

Galliford Try Company Profile

Galliford Try Holdings plc, together with its subsidiaries, operates in the construction business in the United Kingdom. It operates through Building, Infrastructure, and PPP Investments segments. The company engages in the construction of buildings for private and public sector clients in health, education, custodial, and defense markets, as well as serves commercial clients.