Sanderson Design Group (LON:SDG) Trading Down 3.6% – Here’s Why

Sanderson Design Group plc (LON:SDG) shares fell 3.6% during trading on Monday . The stock traded as low as GBX 66 ($0.85) and last traded at GBX 66 ($0.85). 1,197,284 shares traded hands during trading, an increase of 604% from the average session volume of 170,100 shares. The stock had previously closed at GBX 68.50 ($0.88).

Sanderson Design Group Stock Performance

The firm has a 50 day simple moving average of GBX 71.86 and a 200 day simple moving average of GBX 87.06. The company has a current ratio of 3.33, a quick ratio of 1.74 and a debt-to-equity ratio of 5.95. The firm has a market capitalization of £47.38 million, a PE ratio of 600.00, a P/E/G ratio of 0.51 and a beta of 1.42.

Sanderson Design Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 24th will be paid a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date of this dividend is Thursday, October 24th. This represents a yield of 0.65%. Sanderson Design Group’s dividend payout ratio is 3,636.36%.

About Sanderson Design Group

Sanderson Design Group plc, together with its subsidiaries, designs, manufactures, markets, and distributes interior furnishings, fabrics, and wallpapers worldwide. The company operates in two segments, Brands and Manufacturing. The Brands segment designs, markets, sells, distributes, and licenses Sanderson, Morris & Co, Harlequin, Zoffany, Scion, Clarke & Clarke, and Archive by Sanderson Design brands.