Ingenta (LON:ING) Sets New 52-Week Low – What’s Next?

Ingenta plc (LON:ING)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 84.50 ($1.10) and last traded at GBX 85 ($1.10), with a volume of 500 shares traded. The stock had previously closed at GBX 86.50 ($1.12).

Ingenta Price Performance

The firm’s 50 day moving average price is GBX 103.95 and its two-hundred day moving average price is GBX 122.84. The company has a debt-to-equity ratio of 5.09, a current ratio of 1.60 and a quick ratio of 1.30. The stock has a market cap of £12.33 million, a PE ratio of 958.88 and a beta of 0.16.

Ingenta Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, November 4th. Investors of record on Thursday, October 3rd will be paid a GBX 1.50 ($0.02) dividend. The ex-dividend date is Thursday, October 3rd. This represents a yield of 1.27%. Ingenta’s dividend payout ratio is 4,444.44%.

About Ingenta

Ingenta plc, together with its subsidiaries, provides content management, advertising, and commercial enterprise solutions and services in the United Kingdom and internationally. The company offers applications designed to manage intellectual property assets and published content for print and digital products, such as royalty calculation, online sales and marketing, digital and print distribution, product, and subscription management.