PZ Cussons (LON:PZC) Hits New 12-Month Low – Here’s Why

PZ Cussons plc (LON:PZC) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 75.30 ($0.94) and last traded at GBX 78.50 ($0.98), with a volume of 623055 shares traded. The stock had previously closed at GBX 76.90 ($0.96).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 120 ($1.50) price target on shares of PZ Cussons in a research report on Friday.

PZ Cussons Stock Performance

The company has a quick ratio of 1.36, a current ratio of 1.18 and a debt-to-equity ratio of 75.98. The business has a 50 day simple moving average of GBX 88.03 and a two-hundred day simple moving average of GBX 98.89. The firm has a market cap of £338.95 million, a PE ratio of -573.57, a price-to-earnings-growth ratio of 1.13 and a beta of 0.26.

PZ Cussons Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Thursday, October 31st will be paid a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 2.03%. This is a positive change from PZ Cussons’s previous dividend of $1.50. PZ Cussons’s dividend payout ratio (DPR) is currently -2,857.14%.

Insider Activity

In related news, insider Jonathan Myers sold 69,429 shares of the firm’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of GBX 90 ($1.13), for a total transaction of £62,486.10 ($78,332.83). Insiders own 43.74% of the company’s stock.

About PZ Cussons

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.