Dr. Martens (LON:DOCS) Stock Price Up 0.5% - What's Next?

Dr. Martens plc (LON:DOCS - Get Free Report) shares shot up 0.5% on Friday . The company traded as high as GBX 74.95 ($0.93) and last traded at GBX 73.95 ($0.92). 1,003,337 shares changed hands during trading, an increase of 27% from the average session volume of 792,198 shares. The stock had previously closed at GBX 73.55 ($0.91).

Dr. Martens Stock Up 0.5 %

The company has a market capitalization of £711.19 million, a price-to-earnings ratio of 1,056.43, a P/E/G ratio of 6.40 and a beta of 0.11. The business has a fifty day simple moving average of GBX 65.38 and a two-hundred day simple moving average of GBX 66.30. The company has a quick ratio of 1.13, a current ratio of 2.85 and a debt-to-equity ratio of 129.55.

Dr. Martens Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Thursday, March 6th will be issued a GBX 0.85 ($0.01) dividend. This represents a dividend yield of 1.47%. The ex-dividend date is Thursday, March 6th. Dr. Martens's payout ratio is 4,285.71%.

Dr. Martens Company Profile

Dr. Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. It offers originals, fusion, kids, and casual, as well as accessories. The company offers its products under the Dr. Martens brand name. Dr. Martens plc was founded in 1945 and is based in London, the United Kingdom.