Gattaca (LON:GATC) Trading Down 2.2% – Should You Sell?

Gattaca plc (LON:GATC)’s share price was down 2.2% during mid-day trading on Tuesday . The company traded as low as GBX 83.61 ($1.06) and last traded at GBX 83.61 ($1.06). Approximately 2,470 shares traded hands during trading, a decline of 92% from the average daily volume of 29,903 shares. The stock had previously closed at GBX 85.50 ($1.08).

Gattaca Price Performance

The stock’s 50-day moving average price is GBX 88.61 and its 200 day moving average price is GBX 91.01. The firm has a market capitalization of £26.96 million, a price-to-earnings ratio of 1,672.20, a PEG ratio of 0.47 and a beta of 2.14. The company has a quick ratio of 1.51, a current ratio of 1.56 and a debt-to-equity ratio of 5.59.

Gattaca Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, October 31st will be issued a GBX 2.50 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 2.81%. Gattaca’s payout ratio is 6,000.00%.

About Gattaca

Gattaca plc, a human capital resources company, provides contract and permanent recruitment services in the private and public sectors. The company operates through eight segments: Mobility; Energy; Defence; Technology, Media, and Telecoms; Infrastructure; Gattaca Projects; International; and other. It offers flexible, permanent, and total workforce solutions; engineering, and technology support solutions; statement of work solutions; and technical recruitment, engineering and technology, and employer branding solutions, as well as analysis, design, technical authoring and publications, process engineering, systems, and IT and digital services.