Senior (LON:SNR) Sets New 1-Year Low - Time to Sell?

Senior plc (LON:SNR - Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 120 ($1.57) and last traded at GBX 122.60 ($1.60), with a volume of 1507819 shares trading hands. The stock had previously closed at GBX 146.80 ($1.92).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 215 ($2.81) price target on shares of Senior in a research report on Wednesday, June 12th.

Senior Stock Down 12.8 %

The stock has a market cap of £528.20 million, a PE ratio of 1,828.57, a price-to-earnings-growth ratio of 0.11 and a beta of 1.47. The company has a debt-to-equity ratio of 59.35, a quick ratio of 0.84 and a current ratio of 1.56. The company's 50-day moving average price is GBX 158.85 and its 200 day moving average price is GBX 163.27.

Senior Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 17th will be given a dividend of GBX 0.75 ($0.01) per share. This represents a dividend yield of 0.48%. The ex-dividend date of this dividend is Thursday, October 17th. Senior's payout ratio is currently 2,857.14%.

Insider Activity

In other news, insider Ian King bought 100,000 shares of Senior stock in a transaction that occurred on Friday, August 9th. The stock was bought at an average cost of GBX 158 ($2.07) per share, with a total value of £158,000 ($206,779.22). Insiders own 1.31% of the company's stock.

Senior Company Profile

Senior plc designs, manufactures, and sells high-technology components and systems for the principal original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in the United States, the United Kingdom, and internationally. It operates in two segments, Aerospace and Flexonics.