Northamber (LON:NAR) Hits New 12-Month Low – Here’s Why

Northamber plc (LON:NAR)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 27 ($0.34) and last traded at GBX 27 ($0.34), with a volume of 588 shares. The stock had previously closed at GBX 28 ($0.35).

Northamber Stock Down 0.7 %

The stock has a market cap of £7.62 million, a price-to-earnings ratio of -1,390.00 and a beta of -0.10. The stock has a 50 day simple moving average of GBX 30.60 and a 200 day simple moving average of GBX 35.32.

Northamber Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, December 12th will be given a GBX 0.30 ($0.00) dividend. This represents a yield of 1.03%. The ex-dividend date is Thursday, December 12th. Northamber’s payout ratio is currently -5,000.00%.

Insider Buying and Selling at Northamber

In related news, insider Tony Lee acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, December 10th. The stock was purchased at an average cost of GBX 28 ($0.35) per share, with a total value of £280 ($353.40). 78.28% of the stock is currently owned by company insiders.

Northamber Company Profile

Northamber plc, together with its subsidiaries, engages in the supply of computer hardware, computer printers and peripheral products, computer telephony products, and other electronic transmission equipment in the United Kingdom. The company offers audio visual products, such as collaboration and conferencing, connectivity and control, interactive displays, lighting, live solutions, professional audio and displays, projection, and security and thermal solutions; and computer accessories and components, dictation, disk and memory, laptop/desktop PCs, mice and keyboards, monitors, tablets and virtual desktop.