Ramsdens (LON:RFX) Hits New 52-Week High – Time to Buy?

Ramsdens Holdings PLC (LON:RFX) reached a new 52-week high on Monday . The stock traded as high as GBX 250 ($3.15) and last traded at GBX 241.78 ($3.04), with a volume of 104045 shares trading hands. The stock had previously closed at GBX 245 ($3.08).

Ramsdens Stock Up 1.4 %

The company has a market cap of £77.94 million, a price-to-earnings ratio of 9.92 and a beta of 1.22. The business has a 50-day simple moving average of GBX 233.92 and a two-hundred day simple moving average of GBX 222.56. The company has a quick ratio of 1.62, a current ratio of 3.14 and a debt-to-equity ratio of 33.70.

Ramsdens (LON:RFX) last posted its earnings results on Tuesday, January 14th. The company reported GBX 26.10 ($0.33) earnings per share for the quarter. Ramsdens had a return on equity of 15.34% and a net margin of 8.78%. As a group, equities analysts forecast that Ramsdens Holdings PLC will post 20.0899991 earnings per share for the current fiscal year.

Ramsdens Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, February 13th will be paid a GBX 7.60 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, February 13th. This is a positive change from Ramsdens’s previous dividend of $3.60. This represents a yield of 3.23%. Ramsdens’s dividend payout ratio (DPR) is presently 44.86%.

Insider Buying and Selling

In other Ramsdens news, insider Peter Edward Kenyon sold 90,000 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of GBX 226 ($2.84), for a total value of £203,400 ($255,945.64). Insiders own 19.77% of the company’s stock.

Ramsdens Company Profile