Ramsdens (LON:RFX) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Ramsdens Holdings PLC (LON:RFX)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 228.63 ($2.95) and traded as low as GBX 205 ($2.64). Ramsdens shares last traded at GBX 209 ($2.70), with a volume of 89,371 shares.

Ramsdens Stock Down 2.8 %

The company’s 50 day simple moving average is GBX 228.63 and its 200-day simple moving average is GBX 224.39. The company has a debt-to-equity ratio of 33.70, a quick ratio of 1.62 and a current ratio of 3.14. The firm has a market capitalization of £66.95 million, a PE ratio of 8.52 and a beta of 1.22.

Ramsdens (LON:RFX) last posted its quarterly earnings data on Tuesday, January 14th. The company reported GBX 26.10 ($0.34) earnings per share (EPS) for the quarter. Ramsdens had a return on equity of 15.34% and a net margin of 8.78%. On average, analysts forecast that Ramsdens Holdings PLC will post 20.0899991 EPS for the current fiscal year.

Ramsdens Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Thursday, February 13th were given a GBX 7.60 ($0.10) dividend. This represents a dividend yield of 3.23%. This is a boost from Ramsdens’s previous dividend of $3.60. The ex-dividend date of this dividend was Thursday, February 13th. Ramsdens’s dividend payout ratio is 44.86%.

Insider Buying and Selling at Ramsdens

In other Ramsdens news, insider Peter Edward Kenyon sold 90,000 shares of Ramsdens stock in a transaction dated Monday, January 27th. The stock was sold at an average price of GBX 226 ($2.91), for a total transaction of £203,400 ($262,282.40). 19.77% of the stock is currently owned by company insiders.

About Ramsdens