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

Shares of Record plc (LON:RECGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 45 ($0.55) and last traded at GBX 45 ($0.55), with a volume of 796921 shares. The stock had previously closed at GBX 47 ($0.57).

Record Stock Down 4.3 %

The business’s 50 day simple moving average is GBX 56.85 and its 200-day simple moving average is GBX 61.77. The company has a debt-to-equity ratio of 0.64, a quick ratio of 4.03 and a current ratio of 4.35. The company has a market cap of £86.56 million, a price-to-earnings ratio of 900.00 and a beta of 1.05.

Record Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 28th were paid a GBX 2.15 ($0.03) dividend. The ex-dividend date was Thursday, November 28th. This represents a yield of 3.45%. Record’s dividend payout ratio (DPR) is currently 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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