Sanderson Design Group (LON:SDG) Stock Price Down 3.3% – Here’s What Happened

Sanderson Design Group plc (LON:SDG) shares dropped 3.3% on Tuesday . The stock traded as low as GBX 58 ($0.73) and last traded at GBX 58 ($0.73). Approximately 110,983 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 165,319 shares. The stock had previously closed at GBX 60 ($0.75).

Sanderson Design Group Stock Down 3.3 %

The company has a current ratio of 3.33, a quick ratio of 1.74 and a debt-to-equity ratio of 5.95. The firm’s fifty day moving average price is GBX 63.55 and its 200-day moving average price is GBX 77.57. The company has a market cap of £41.64 million, a price-to-earnings ratio of 527.27, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42.

Sanderson Design Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 24th were paid a GBX 0.50 ($0.01) dividend. The ex-dividend date was Thursday, October 24th. This represents a yield of 0.65%. Sanderson Design Group’s payout ratio is 3,636.36%.

Sanderson Design Group Company Profile

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.