Smart Metering Systems (LON:SMS) Share Price Crosses Above 50-Day Moving Average of $950.59

Shares of Smart Metering Systems plc (LON:SMS) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 950.59 ($11.83) and traded as high as GBX 960 ($11.95). Smart Metering Systems shares last traded at GBX 956 ($11.90), with a volume of 7,257 shares trading hands.

Smart Metering Systems Stock Up 0.1 %

The company has a current ratio of 1.72, a quick ratio of 1.40 and a debt-to-equity ratio of 14.30. The business has a fifty day simple moving average of GBX 950.59 and a two-hundred day simple moving average of GBX 846.71. The company has a market cap of £1.28 billion, a PE ratio of 8,690.91, a price-to-earnings-growth ratio of 1.81 and a beta of 0.42.

Smart Metering Systems Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 25th. Shareholders of record on Thursday, January 4th were paid a GBX 8.32 ($0.10) dividend. The ex-dividend date of this dividend was Thursday, January 4th. This represents a yield of 1.24%. This is a boost from Smart Metering Systems’s previous dividend of $7.56. Smart Metering Systems’s payout ratio is currently 27,272.73%.

Insider Activity

In related news, insider Gail Blain bought 50,000 shares of the company’s stock in a transaction dated Friday, March 22nd. The shares were acquired at an average price of GBX 529 ($6.59) per share, with a total value of £264,500 ($329,266.77). Corporate insiders own 8.87% of the company’s stock.

Smart Metering Systems Company Profile

Smart Metering Systems plc, together with its subsidiaries, operates as an integrated energy infrastructure company in the United Kingdom. It operates through three segments: Asset Management, Asset Installation, and Energy Management. The company owns, installs, and manages carbon reduction assets. It also engages in the regulated management of gas meters, electric meters, and ADM devices.