Ramsdens (LON:RFX) Sets New 12-Month High – Time to Buy?

Ramsdens Holdings PLC (LON:RFX) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 250 ($3.11) and last traded at GBX 247 ($3.07), with a volume of 154249 shares trading hands. The stock had previously closed at GBX 245 ($3.05).

Ramsdens Trading Up 1.7 %

The stock’s fifty day moving average price is GBX 232.77 and its 200 day moving average price is GBX 221.60. The stock has a market capitalization of £78.22 million, a P/E ratio of 1,021.67 and a beta of 1.22. The company has a debt-to-equity ratio of 42.10, a current ratio of 2.91 and a quick ratio of 1.62.

Ramsdens (LON:RFX) last issued its earnings results on Tuesday, January 14th. The company reported GBX 26.10 ($0.32) EPS for the quarter. Ramsdens had a net margin of 8.78% and a return on equity of 17.12%. Research analysts forecast that Ramsdens Holdings PLC will post 20.0899991 earnings per share for the current year.

Ramsdens Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, February 13th will be issued a GBX 7.60 ($0.09) dividend. This is an increase from Ramsdens’s previous dividend of $3.60. This represents a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, February 13th. Ramsdens’s payout ratio is presently 4,583.33%.

Insider Buying and Selling

In related news, insider Peter Edward Kenyon sold 90,000 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of GBX 226 ($2.81), for a total value of £203,400 ($253,174.01). 19.77% of the stock is owned by insiders.

Ramsdens Company Profile