Fonix Mobile (LON:FNX) Trading Down 0.2% – What’s Next?

Fonix Mobile plc (LON:FNX)’s stock price was down 0.2% on Friday . The stock traded as low as GBX 234 ($2.95) and last traded at GBX 235.50 ($2.97). Approximately 93,555 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 199,721 shares. The stock had previously closed at GBX 236 ($2.97).

Fonix Mobile Stock Performance

The firm’s 50 day moving average price is GBX 233.47 and its two-hundred day moving average price is GBX 236.49. The firm has a market cap of £233.10 million, a PE ratio of 2,140.91 and a beta of 0.67. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.16 and a current ratio of 1.17.

Fonix Mobile Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be given a GBX 5.70 ($0.07) dividend. This represents a yield of 2.45%. This is a positive change from Fonix Mobile’s previous dividend of $2.60. The ex-dividend date of this dividend is Thursday, November 21st. Fonix Mobile’s dividend payout ratio is presently 6,363.64%.

Fonix Mobile Company Profile

Fonix Mobile plc provides mobile payments and messaging, and managed services for media, charity, gaming, ticketing, mobility, and other digital service businesses in the United Kingdom. It offers carrier and SMS billing, and voice services. The company also provides payment APIs for mobile operated payments, checkout services, campaign manager platform, messaging APIs for SMS delivery, and data verification services.