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

Shares of Record plc (LON:REC) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 52.20 ($0.65) and last traded at GBX 54.80 ($0.69), with a volume of 150696 shares changing hands. The stock had previously closed at GBX 53 ($0.66).

Record Stock Down 3.6 %

The stock has a market capitalization of £101.56 million, a price-to-earnings ratio of 1,056.00 and a beta of 1.05. The company has a debt-to-equity ratio of 0.64, a current ratio of 4.35 and a quick ratio of 4.03. The business has a fifty day moving average of GBX 61.39 and a 200 day moving average of GBX 63.57.

Record Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 28th were paid a GBX 2.15 ($0.03) dividend. 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 presently 10,000.00%.

Record Company Profile

Record plc, through its subsidiaries, provides currency and derivative management services in the United Kingdom, North America, Continental Europe, Australia, and internationally. It offers asset management services; derivatives, such as options, futures, cross-currency, and total-return swaps; fixed income instruments, including bonds and loans; ancillary services including cash and liquidity management, collateral management, and derivatives overlays.