Croma Security Solutions Group (LON:CSSG) Trading 0.6% Higher – Here’s What Happened

Croma Security Solutions Group plc (LON:CSSG)’s share price was up 0.6% on Tuesday . The stock traded as high as GBX 86 ($1.09) and last traded at GBX 83 ($1.05). Approximately 73,236 shares were traded during mid-day trading, an increase of 256% from the average daily volume of 20,600 shares. The stock had previously closed at GBX 82.50 ($1.05).

Croma Security Solutions Group Stock Performance

The company has a debt-to-equity ratio of 3.66, a current ratio of 4.01 and a quick ratio of 1.51. The company has a market cap of £11.40 million, a price-to-earnings ratio of 377.27 and a beta of 0.85. The firm has a 50 day simple moving average of GBX 73.92 and a 200-day simple moving average of GBX 72.30.

Croma Security Solutions Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, December 18th. Investors of record on Thursday, December 5th will be issued a GBX 2.30 ($0.03) dividend. This is a positive change from Croma Security Solutions Group’s previous dividend of $2.20. This represents a yield of 3.41%. The ex-dividend date of this dividend is Thursday, December 5th. Croma Security Solutions Group’s payout ratio is 909.09%.

Insiders Place Their Bets

In related news, insider Roberto Fiorentino sold 248,000 shares of the stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 68 ($0.86), for a total transaction of £168,640 ($213,684.74). Also, insider Teodora Andreeva purchased 10,000 shares of the business’s stock in a transaction on Monday, November 4th. The shares were acquired at an average price of GBX 80 ($1.01) per share, for a total transaction of £8,000 ($10,136.85). 56.18% of the stock is currently owned by insiders.

Croma Security Solutions Group Company Profile

Croma Security Solutions Group plc provides various security services in the United Kingdom. The company operates through two segments: Croma Locksmiths; and Croma Fire and Security. The Croma Locksmiths segment supplies, installs, and maintains locks, padlocks, safes, ironmongery, UPVC mechanisms, security shutters, grilles, and doors.