RS Group (LON:RS1) Shares Up 0.3% – What’s Next?

RS Group plc (LON:RS1)’s share price rose 0.3% on Thursday . The stock traded as high as GBX 732 ($9.29) and last traded at GBX 723.50 ($9.18). Approximately 250,209 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 1,388,922 shares. The stock had previously closed at GBX 721.50 ($9.16).

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Citigroup upgraded shares of RS Group to a “buy” rating in a research report on Thursday, September 5th. Shore Capital raised RS Group to a “buy” rating in a research report on Thursday, November 7th.

RS Group Stock Performance

The firm has a market capitalization of £3.43 billion, a price-to-earnings ratio of 1,855.13, a PEG ratio of 1.85 and a beta of 0.86. The company has a debt-to-equity ratio of 47.24, a current ratio of 2.01 and a quick ratio of 1.24. The firm’s fifty day moving average is GBX 749.14 and its 200 day moving average is GBX 755.25.

RS Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, November 21st will be issued a dividend of GBX 8.50 ($0.11) per share. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 1.25%. RS Group’s dividend payout ratio is 5,641.03%.

RS Group Company Profile

RS Group plc, together with its subsidiaries, distributes various electronics and industrial products and solutions in the United Kingdom, the United States, France, Germany, Italy, Mexico, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.