Churchill China (LON:CHH) Sets New 52-Week Low – Time to Sell?

Churchill China plc (LON:CHH)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 800 ($10.39) and last traded at GBX 840 ($10.91), with a volume of 20057 shares. The stock had previously closed at GBX 835 ($10.84).

Churchill China Stock Up 0.6 %

The company’s fifty day moving average is GBX 971.82 and its 200-day moving average is GBX 1,095.05. The company has a market capitalization of £92.40 million, a PE ratio of 1,183.10, a price-to-earnings-growth ratio of 4.81 and a beta of 0.96. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.22 and a current ratio of 4.18.

Churchill China Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, October 11th. Investors of record on Thursday, September 12th were issued a GBX 11.50 ($0.15) dividend. This represents a yield of 1.06%. The ex-dividend date was Thursday, September 12th. Churchill China’s dividend payout ratio is 5,211.27%.

Insider Buying and Selling at Churchill China

In related news, insider Martin Payne acquired 1,000 shares of the business’s stock in a transaction on Thursday, October 17th. The stock was acquired at an average cost of GBX 904 ($11.74) per share, with a total value of £9,040 ($11,737.21). Insiders own 24.64% of the company’s stock.

About Churchill China

Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally. The company provides plates, bowls, trays and boards, crates and carriers, stands and risers, cookware, counter serving ware, cups, mugs, saucers, beverage pots, jugs, chip mugs, dip pots and sauce dishes, lids, glassware, cutlery, utensils, and accessories, as well as raw materials for the ceramics industry.