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Fonix Mobile (LON:FNX) Trading Down 0.2% - Here's Why

Fonix Mobile logo with Computer and Technology background

Fonix Mobile plc (LON:FNX - Get Free Report) shares fell 0.2% during trading on Friday . The company traded as low as GBX 234 ($2.95) and last traded at GBX 235.50 ($2.97). 93,555 shares traded hands during trading, a decline of 53% from the average session volume of 199,721 shares. The stock had previously closed at GBX 236 ($2.97).

Fonix Mobile Trading Down 0.2 %

The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.16 and a current ratio of 1.17. The stock has a market cap of £233.10 million, a price-to-earnings ratio of 2,140.91 and a beta of 0.67. The company's 50 day simple moving average is GBX 233.47 and its two-hundred day simple moving average is GBX 236.49.

Fonix Mobile Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be paid a GBX 5.70 ($0.07) dividend. The ex-dividend date is Thursday, November 21st. This is an increase from Fonix Mobile's previous dividend of $2.60. This represents a dividend yield of 2.45%. Fonix Mobile's dividend payout ratio is 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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