Richards Packaging Income Fund (TSE:RPI.UN - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$30.83 and traded as low as C$29.88. Richards Packaging Income Fund shares last traded at C$29.97, with a volume of 13,127 shares traded.
Richards Packaging Income Fund Stock Performance
The firm has a market capitalization of C$328.80 million, a price-to-earnings ratio of 9.17 and a beta of 0.47. The company has a debt-to-equity ratio of 24.16, a current ratio of 1.62 and a quick ratio of 0.61. The firm's fifty day moving average is C$31.08 and its 200 day moving average is C$30.83.
Richards Packaging Income Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 14th. Investors of record on Thursday, November 14th will be given a dividend of $0.11 per share. The ex-dividend date is Thursday, October 31st. This represents a $1.32 dividend on an annualized basis and a yield of 4.40%. Richards Packaging Income Fund's payout ratio is 40.37%.
About Richards Packaging Income Fund
(
Get Free Report)
Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging products in Canada and the United States. It offers plastic and glass containers, and metal and plastic closures. The company also distributes various injection molded containers and packaging systems, as well as offers design and development, and logistics management services.
Recommended Stories
Before you consider Richards Packaging Income Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Richards Packaging Income Fund wasn't on the list.
While Richards Packaging Income Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
