Churchill China (LON:CHH) Sets New 52-Week Low – Should You Sell?

Churchill China plc (LON:CHH) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 560 ($7.11) and last traded at GBX 707.50 ($8.98), with a volume of 31983 shares. The stock had previously closed at GBX 825 ($10.47).

Churchill China Price Performance

The company has a debt-to-equity ratio of 1.10, a current ratio of 4.18 and a quick ratio of 2.22. The firm has a market cap of £77.83 million, a PE ratio of 998.59, a price-to-earnings-growth ratio of 4.81 and a beta of 0.96. The firm has a 50-day simple moving average of GBX 882.26 and a 200 day simple moving average of GBX 1,061.55.

Churchill China Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, September 12th were issued a GBX 11.50 ($0.15) dividend. This represents a dividend yield of 1.06%. The ex-dividend date of this dividend was Thursday, September 12th. Churchill China’s payout ratio is 5,211.27%.

Insider Activity

In other news, insider Martin Payne bought 1,000 shares of the firm’s stock in a transaction on Thursday, October 17th. The stock was acquired at an average cost of GBX 904 ($11.47) per share, with a total value of £9,040 ($11,472.08). Insiders own 24.64% of the company’s stock.

Churchill China Company Profile

Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally. The company provides plates, bowls, trays and boards, crates and carriers, stands and risers, cookware, counter serving ware, cups, mugs, saucers, beverage pots, jugs, chip mugs, dip pots and sauce dishes, lids, glassware, cutlery, utensils, and accessories, as well as raw materials for the ceramics industry.