Richelieu Hardware Ltd. (TSE:RCH - Get Free Report) shares were down 2.7% on Tuesday . The stock traded as low as C$38.69 and last traded at C$38.84. Approximately 64,830 shares were traded during mid-day trading, an increase of 23% from the average daily volume of 52,623 shares. The stock had previously closed at C$39.90.
Richelieu Hardware Stock Performance
The stock's 50 day simple moving average is C$38.95 and its two-hundred day simple moving average is C$39.28. The company has a market capitalization of C$2.16 billion, a P/E ratio of 24.28, a P/E/G ratio of 0.77 and a beta of 0.94. The company has a debt-to-equity ratio of 26.31, a current ratio of 3.46 and a quick ratio of 0.72.
Richelieu Hardware (TSE:RCH - Get Free Report) last posted its quarterly earnings data on Thursday, October 10th. The company reported C$0.41 earnings per share for the quarter, missing the consensus estimate of C$0.44 by C($0.03). The company had revenue of C$467.75 million during the quarter, compared to the consensus estimate of C$468.40 million. Richelieu Hardware had a return on equity of 10.32% and a net margin of 4.97%.
Richelieu Hardware Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Thursday, October 24th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend was Thursday, October 24th. Richelieu Hardware's dividend payout ratio (DPR) is 37.50%.
Insider Buying and Selling at Richelieu Hardware
In other news, Senior Officer Antoine Auclair sold 5,400 shares of the company's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of C$38.26, for a total value of C$206,605.62. Also, Director Lucie Chabot purchased 1,300 shares of the business's stock in a transaction that occurred on Wednesday, October 16th. The stock was purchased at an average price of C$38.00 per share, for a total transaction of C$49,393.50. Insiders own 7.62% of the company's stock.
About Richelieu Hardware
(
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Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company's principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.
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