Big Yellow Group (LON:BYG) Sets New 1-Year Low – Should You Sell?

Big Yellow Group Plc (LON:BYG) shares hit a new 52-week low on Monday . The company traded as low as GBX 859 ($11.07) and last traded at GBX 865 ($11.15), with a volume of 3699080 shares trading hands. The stock had previously closed at GBX 907 ($11.69).

Big Yellow Group Stock Down 3.3 %

The company’s fifty day simple moving average is GBX 935.83 and its 200 day simple moving average is GBX 1,038.92. The company has a quick ratio of 0.29, a current ratio of 0.36 and a debt-to-equity ratio of 16.68. The firm has a market capitalization of £1.71 billion, a PE ratio of 7.11, a price-to-earnings-growth ratio of 2.40 and a beta of 0.72.

Big Yellow Group Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, January 2nd were paid a dividend of GBX 22.60 ($0.29) per share. This represents a dividend yield of 1.96%. The ex-dividend date was Thursday, January 2nd. Big Yellow Group’s dividend payout ratio is 36.46%.

Insider Transactions at Big Yellow Group

In related news, insider Michael O’Donnell purchased 3,000 shares of the stock in a transaction dated Wednesday, January 22nd. The stock was purchased at an average price of GBX 945 ($12.18) per share, with a total value of £28,350 ($36,542.92). Insiders own 6.16% of the company’s stock.

About Big Yellow Group

Big Yellow is the UK’s brand leader in self storage.
Our diverse customer base, strong brand and location of our 109 stores helps us deliver a resilient performance.
We are committed to innovation in customer engagement, harnessing technology and investing in the development of our store teams. This dedication puts exceptional customer service at the heart of what we do, whilst ensuring we continue to operate a sustainable business.