Sanderson Design Group (LON:SDG) Stock Price Down 19.6% – Time to Sell?

Posted by Jessica Moore on Oct 16th, 2024

Shares of Sanderson Design Group plc (LON:SDG – Get Free Report) fell 19.6% on Wednesday . The stock traded as low as GBX 59.55 ($0.78) and last traded at GBX 61.50 ($0.80). 1,121,308 shares were traded during trading, an increase of 623% from the average session volume of 155,024 shares. The stock had previously closed at GBX 76.50 ($1.00).

Sanderson Design Group Price Performance

The stock has a market cap of £45.23 million, a PE ratio of 695.45, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42. The stock’s fifty day moving average is GBX 79.14 and its 200-day moving average is GBX 92.06. The company has a debt-to-equity ratio of 5.95, a current ratio of 3.33 and a quick ratio of 1.74.

Sanderson Design Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 24th will be issued a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date is Thursday, October 24th. This represents a dividend yield of 0.65%. Sanderson Design Group’s dividend payout ratio is currently 3,636.36%.

About Sanderson Design Group

(Get Free Report)

Sanderson Design Group plc, together with its subsidiaries, designs, manufactures, markets, and distributes interior furnishings, fabrics, and wallpapers worldwide. The company operates in two segments, Brands and Manufacturing. The Brands segment designs, markets, sells, distributes, and licenses Sanderson, Morris & Co, Harlequin, Zoffany, Scion, Clarke & Clarke, and Archive by Sanderson Design brands.