Record (LON:REC) Hits New 1-Year Low – What’s Next?

Shares of Record plc (LON:REC) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 45 ($0.55) and last traded at GBX 45 ($0.55), with a volume of 796921 shares traded. The stock had previously closed at GBX 47 ($0.58).

Record Stock Down 0.2 %

The company has a market cap of £89.08 million, a price-to-earnings ratio of 926.20 and a beta of 1.05. The stock’s 50-day moving average is GBX 56.52 and its 200-day moving average is GBX 61.64. The company has a current ratio of 4.35, a quick ratio of 4.03 and a debt-to-equity ratio of 0.64.

Record (LON:REC) last announced its quarterly earnings data on Friday, November 15th. The company reported GBX 2.58 ($0.03) EPS for the quarter. Record had a return on equity of 32.37% and a net margin of 20.43%. On average, analysts anticipate that Record plc will post 4.691358 earnings per share for the current fiscal year.

Record Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 28th were paid a dividend of GBX 2.15 ($0.03) per share. The ex-dividend date was Thursday, November 28th. This represents a yield of 3.45%. Record’s dividend payout ratio (DPR) is presently 10,000.00%.

Record Company Profile

Record Financial Group is a leading specialist currency and asset manager with $102.7 billion in Assets Under Management Equivalents (as of 28th June 2024) for institutional clients, with global offices across London, Frankfurt, Zürich and Düsseldorf.

We have over 40 years’ experience in passive and active currency hedging, as well as return-seeking strategies.