WH Smith (LON:SMWH) Reaches New 52-Week Low – Should You Sell?

WH Smith PLC (LON:SMWH) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 872.50 ($11.25) and last traded at GBX 885 ($11.41), with a volume of 465372 shares traded. The stock had previously closed at GBX 930 ($11.99).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,600 ($20.62) target price on shares of WH Smith in a research report on Friday, February 28th.

WH Smith Stock Performance

The stock has a 50 day moving average price of GBX 1,144.56 and a two-hundred day moving average price of GBX 1,238.53. The company has a market capitalization of £1.15 billion, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The company has a debt-to-equity ratio of 253.13, a current ratio of 0.85 and a quick ratio of 0.42.

WH Smith Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Thursday, January 16th were given a dividend of GBX 22.60 ($0.29) per share. This represents a dividend yield of 1.74%. This is a positive change from WH Smith’s previous dividend of $11.00. The ex-dividend date of this dividend was Thursday, January 16th. WH Smith’s dividend payout ratio is presently 66.01%.

About WH Smith

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.