Cairn Homes plc (LON:CRN - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 189 ($2.43) and last traded at GBX 186.20 ($2.40), with a volume of 8512296 shares changing hands. The stock had previously closed at GBX 186.80 ($2.40).
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 175 ($2.25) target price on shares of Cairn Homes in a research note on Thursday, September 5th.
Get Our Latest Stock Analysis on Cairn Homes
Cairn Homes Price Performance
The company has a quick ratio of 0.22, a current ratio of 9.29 and a debt-to-equity ratio of 39.97. The stock has a market cap of £1.11 billion, a price-to-earnings ratio of 1,302.86 and a beta of 1.12. The company's 50-day moving average is GBX 168.73 and its 200-day moving average is GBX 155.63.
Cairn Homes Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, September 12th were given a €0.04 ($0.04) dividend. This represents a yield of 1.95%. The ex-dividend date of this dividend was Thursday, September 12th. This is a positive change from Cairn Homes's previous dividend of $0.03. Cairn Homes's dividend payout ratio is 4,285.71%.
About Cairn Homes
(
Get Free Report)
Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company engages in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.
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