Equals Group (LON:EQLS) Shares Up 3.9% - Here's Why

Equals Group plc (LON:EQLS - Get Free Report) rose 3.9% during mid-day trading on Tuesday . The stock traded as high as GBX 121 ($1.54) and last traded at GBX 120 ($1.53). Approximately 2,012,523 shares traded hands during trading, an increase of 193% from the average daily volume of 687,017 shares. The stock had previously closed at GBX 115.50 ($1.47).

Equals Group Stock Performance

The firm has a market capitalization of £253.57 million, a PE ratio of 3,000.00 and a beta of 1.36. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.55 and a current ratio of 1.57. The business's fifty day simple moving average is GBX 117.06 and its 200-day simple moving average is GBX 115.13.

Equals Group Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, October 25th. Stockholders of record on Thursday, September 26th were issued a GBX 1 ($0.01) dividend. The ex-dividend date was Thursday, September 26th. This represents a dividend yield of 0.88%. Equals Group's dividend payout ratio (DPR) is presently 5,000.00%.

Equals Group Company Profile

Equals Group plc, through its subsidiaries, provides payment processing and banking services to private clients and corporations through prepaid currency cards, travel cash, international money transfers, and current accounts in the United Kingdom. The company offers Equals Money, a card payment platform; Equals Money Solutions, an enterprise scale-up of the Equals Money platform serving large corporate and financial institutions; and FairFX, a travel card and international payment product for individuals, international holidaymakers, and families.