Record (LON:REC) Sets New 1-Year Low – Should You Sell?

Shares of Record plc (LON:RECGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 49.30 ($0.60) and last traded at GBX 50.15 ($0.61), with a volume of 334145 shares traded. The stock had previously closed at GBX 50.50 ($0.62).

Record Trading Down 1.3 %

The company has a current ratio of 4.35, a quick ratio of 4.03 and a debt-to-equity ratio of 0.64. The stock has a 50-day simple moving average of GBX 57.84 and a 200 day simple moving average of GBX 62.11. The company has a market cap of £92.71 million, a price-to-earnings ratio of 964.00 and a beta of 1.05.

Record Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 28th were issued a dividend of GBX 2.15 ($0.03) per share. This represents a dividend yield of 3.45%. The ex-dividend date of this dividend was Thursday, November 28th. Record’s dividend payout ratio (DPR) is 10,000.00%.

About Record

(Get Free Report)

Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf.

We have over 40 years’ experience in passive and active currency hedging, as well as return-seeking strategies.

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