Ferguson (LON:FERG) Shares Down 1.6% – Should You Sell?

Ferguson plc (LON:FERG) shares dropped 1.6% during mid-day trading on Tuesday . The stock traded as low as £148.50 ($192.58) and last traded at £149.60 ($194.01). Approximately 90,583 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 163,079 shares. The stock had previously closed at £152 ($197.12).

Ferguson Stock Performance

The company has a market cap of £30.75 billion, a PE ratio of 2,308.98, a P/E/G ratio of 2.57 and a beta of 1.21. The company has a debt-to-equity ratio of 98.24, a quick ratio of 0.83 and a current ratio of 1.80. The stock’s 50-day simple moving average is £151.91 and its 200 day simple moving average is £158.98.

Ferguson Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Friday, September 27th will be given a $0.79 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a yield of 0.39%. Ferguson’s payout ratio is currently 3,592.09%.

About Ferguson

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.