Equals Group (LON:EQLS) Shares Up 0.9% - Here's Why

Shares of Equals Group plc (LON:EQLS - Get Free Report) shot up 0.9% during trading on Monday . The company traded as high as GBX 110 ($1.43) and last traded at GBX 110 ($1.43). 2,681,269 shares changed hands during mid-day trading, an increase of 307% from the average session volume of 657,994 shares. The stock had previously closed at GBX 109 ($1.41).

Equals Group Price Performance

The stock has a market capitalization of £210.21 million, a P/E ratio of 2,750.00 and a beta of 1.36. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.57 and a quick ratio of 1.55. The business's 50 day moving average price is GBX 114.33 and its 200 day moving average price is GBX 116.65.

Equals Group Announces Dividend

The business also recently declared a dividend, which was paid on Friday, October 25th. Shareholders of record on Thursday, September 26th were issued a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.88%. The ex-dividend date of this dividend was Thursday, September 26th. Equals Group's dividend payout ratio 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.