Henry Boot (LON:BOOT) Stock Price Down 2.5% – Here’s Why

Shares of Henry Boot PLC (LON:BOOT) were down 2.5% on Friday . The company traded as low as GBX 228 ($2.88) and last traded at GBX 230 ($2.90). Approximately 30,971 shares traded hands during trading, a decline of 74% from the average daily volume of 117,943 shares. The stock had previously closed at GBX 236 ($2.98).

Henry Boot Price Performance

The stock has a market cap of £307.37 million, a P/E ratio of 2,875.00, a price-to-earnings-growth ratio of -11.97 and a beta of 0.80. The company has a debt-to-equity ratio of 28.98, a quick ratio of 0.84 and a current ratio of 2.14. The firm has a 50-day moving average price of GBX 227.43 and a 200-day moving average price of GBX 221.38.

Henry Boot Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, September 19th were issued a GBX 3.08 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, September 19th. This represents a yield of 1.39%. Henry Boot’s dividend payout ratio (DPR) is 8,750.00%.

About Henry Boot

Henry Boot PLC engages in property investment and development, land promotion, and construction activities in the United Kingdom. The company operates through three segments: Property Investment and Development, Land Promotion, and Construction. It engages in housebuilding and associated trading; and land management, development, and trading activities.