Knights Group (LON:KGH) Stock Price Down 1.6%

Shares of Knights Group Holdings plc (LON:KGH) fell 1.6% during mid-day trading on Tuesday . The company traded as low as GBX 125 ($1.67) and last traded at GBX 125 ($1.67). 116,736 shares were traded during mid-day trading, an increase of 2% from the average session volume of 114,222 shares. The stock had previously closed at GBX 127 ($1.70).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Knights Group in a research report on Monday, July 8th.

Knights Group Stock Down 1.6 %

The stock has a 50 day moving average price of GBX 130.71 and a 200 day moving average price of GBX 132.79. The company has a debt-to-equity ratio of 80.98, a quick ratio of 2.10 and a current ratio of 2.58. The company has a market capitalization of £107.39 million, a P/E ratio of 1,136.36 and a beta of 1.12.

Knights Group Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, August 29th were given a dividend of GBX 2.79 ($0.04) per share. This represents a yield of 1.92%. The ex-dividend date of this dividend was Thursday, August 29th. This is a positive change from Knights Group’s previous dividend of $1.61. Knights Group’s dividend payout ratio (DPR) is currently 3,636.36%.

About Knights Group

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.