Ferguson (LON:FERG) Trading Up 0.4% – Time to Buy?

Ferguson plc (LON:FERG)’s share price was up 0.4% during mid-day trading on Tuesday . The company traded as high as £159.10 ($200.30) and last traded at £159.10 ($200.30). Approximately 80,724 shares changed hands during trading, a decline of 49% from the average daily volume of 157,347 shares. The stock had previously closed at £158.40 ($199.42).

Ferguson Trading Up 2.0 %

The business’s 50 day moving average price is £152.78 and its two-hundred day moving average price is £157.74. The company has a market capitalization of £32.71 billion, a price-to-earnings ratio of 2,430.75, a price-to-earnings-growth ratio of 2.57 and a beta of 1.21. The company has a debt-to-equity ratio of 98.24, a quick ratio of 0.83 and a current ratio of 1.80.

Ferguson Announces Dividend

The company also recently declared a dividend, which was paid on Friday, November 8th. Stockholders of record on Friday, September 27th were issued a dividend of $0.79 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a dividend yield of 0.39%. Ferguson’s dividend payout ratio is currently 3,592.09%.

About Ferguson

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.