Record (LON:REC) Sets New 52-Week Low – What’s Next?

by · The Markets Daily

Record plc (LON:REC – Get Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as GBX 51 ($0.63) and last traded at GBX 52.25 ($0.65), with a volume of 243731 shares traded. The stock had previously closed at GBX 52.30 ($0.65).

Record Price Performance

The company’s 50-day simple moving average is GBX 58.92 and its 200-day simple moving average is GBX 62.55. The stock has a market capitalization of £98.10 million, a P/E ratio of 1,020.00 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.

Record Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 28th were given a dividend of GBX 2.15 ($0.03) per share. This represents a 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%.

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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