Record (LON:REC) Hits New 1-Year Low - What's Next?

Record plc (LON:REC - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as GBX 45 ($0.55) and last traded at GBX 45 ($0.55), with a volume of 796921 shares trading hands. The stock had previously closed at GBX 47 ($0.58).

Record Price Performance

The company has a quick ratio of 4.03, a current ratio of 4.35 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of £86.56 million, a price-to-earnings ratio of 900.00 and a beta of 1.05. The business has a 50-day simple moving average of GBX 56.52 and a two-hundred day simple moving average of GBX 61.64.

Record Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 28th were issued a GBX 2.15 ($0.03) dividend. This represents a dividend yield of 3.45%. The ex-dividend date of this dividend was Thursday, November 28th. Record's payout ratio is 10,000.00%.

About Record

Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf. We have over 40 years' experience in passive and active currency hedging, as well as return-seeking strategies.