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Fonix Mobile (LON:FNX) Trading Up 2.1% - Here's What Happened

Fonix Mobile logo with Computer and Technology background

Fonix Mobile plc (LON:FNX - Get Free Report) traded up 2.1% during trading on Monday . The company traded as high as GBX 218 ($2.79) and last traded at GBX 215.50 ($2.75). 56,739 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 194,991 shares. The stock had previously closed at GBX 211 ($2.70).

Fonix Mobile Price Performance

The firm has a market capitalization of £215.18 million, a price-to-earnings ratio of 1,959.09 and a beta of 0.67. The business has a 50 day moving average of GBX 228.72 and a 200 day moving average of GBX 233.70. The company has a debt-to-equity ratio of 2.45, a current ratio of 1.17 and a quick ratio of 1.16.

Fonix Mobile Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 21st were paid a GBX 5.70 ($0.07) dividend. This is a boost from Fonix Mobile's previous dividend of $2.60. The ex-dividend date was Thursday, November 21st. This represents a dividend yield of 2.45%. Fonix Mobile's dividend payout ratio is currently 6,363.64%.

Fonix Mobile Company Profile

(Get Free Report)

Fonix Mobile plc provides mobile payments and messaging, and managed services for media, charity, gaming, ticketing, mobility, and other digital service businesses in the United Kingdom. It offers carrier and SMS billing, and voice services. The company also provides payment APIs for mobile operated payments, checkout services, campaign manager platform, messaging APIs for SMS delivery, and data verification services.

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