Tyman (LON:TYMN) Reaches New 52-Week High at $385.00

Tyman plc (LON:TYMN)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 385 ($4.76) and last traded at GBX 381 ($4.71), with a volume of 639929 shares. The stock had previously closed at GBX 296 ($3.66).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 360 ($4.45) target price on shares of Tyman in a report on Thursday, March 7th.

Tyman Trading Up 0.4 %

The stock has a fifty day moving average of GBX 297.26 and a 200 day moving average of GBX 287.11. The company has a market capitalization of £769.12 million, a P/E ratio of 2,075.32, a PEG ratio of 0.88 and a beta of 1.46. The company has a debt-to-equity ratio of 44.08, a quick ratio of 1.16 and a current ratio of 1.64.

Tyman Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 25th will be issued a GBX 9.50 ($0.12) dividend. This is a boost from Tyman’s previous dividend of $4.20. This represents a yield of 3.22%. The ex-dividend date is Thursday, April 25th. Tyman’s dividend payout ratio (DPR) is currently 7,368.42%.

Tyman Company Profile

Tyman plc designs, manufactures, and supplies engineered fenestration components and access solutions to the construction industry. It operates through three divisions: Tyman North America, Tyman UK & Ireland, and Tyman International. The Tyman North America division offers single and multipoint locking systems, decorative handle trim sets, and precision rollers; operators, tie bar/locks, and hinges for casement and awning applications; hardware for sliding and hung windows; and locks/keepers, integrated tilt latches, rollers, balance systems, seals, and extruded profiles for hung and sliding window applications, as well as various specialty access and safety products, including smoke vents, roof access hatches, floor access doors, and ladder posts.