Robinson (LON:RBN) Hits New 52-Week High – Should You Buy?

Robinson plc (LON:RBN)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 130 ($1.68) and last traded at GBX 128.75 ($1.66), with a volume of 39277 shares trading hands. The stock had previously closed at GBX 128.75 ($1.66).

Robinson Trading Down 8.0 %

The company has a current ratio of 1.32, a quick ratio of 1.41 and a debt-to-equity ratio of 39.31. The company has a fifty day simple moving average of GBX 118.03 and a 200-day simple moving average of GBX 109.92. The company has a market capitalization of £19.27 million, a PE ratio of 35.61 and a beta of 0.72.

Robinson (LON:RBN) last announced its quarterly earnings data on Friday, March 28th. The company reported GBX (19.80) (($0.26)) earnings per share (EPS) for the quarter. Robinson had a net margin of 1.03% and a return on equity of 2.13%. Analysts predict that Robinson plc will post 9.4014733 EPS for the current year.

Robinson Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, June 5th will be given a dividend of GBX 3.50 ($0.05) per share. This represents a dividend yield of 2.98%. The ex-dividend date is Thursday, June 5th. This is a positive change from Robinson’s previous dividend of $2.50. Robinson’s payout ratio is presently 185.81%.

Robinson Company Profile

Robinson plc is a leading provider of innovative custom moulded plastic and rigid paperboard packaging.