Andrews Sykes Group (LON:ASY) Trading Down 1.2% – Here’s Why

Andrews Sykes Group plc (LON:ASY)’s share price was down 1.2% during mid-day trading on Wednesday . The stock traded as low as GBX 500.50 ($6.36) and last traded at GBX 506.50 ($6.44). Approximately 6,369 shares were traded during trading, an increase of 184% from the average daily volume of 2,240 shares. The stock had previously closed at GBX 512.50 ($6.51).

Andrews Sykes Group Price Performance

The company has a fifty day moving average of GBX 529.41 and a 200-day moving average of GBX 553.72. The firm has a market cap of £212.02 million, a P/E ratio of 1,235.37 and a beta of 0.47. The company has a debt-to-equity ratio of 34.80, a current ratio of 2.11 and a quick ratio of 3.08.

Andrews Sykes Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 3rd were issued a dividend of GBX 11.90 ($0.15) per share. The ex-dividend date was Thursday, October 3rd. This represents a yield of 2.15%. Andrews Sykes Group’s dividend payout ratio (DPR) is currently 6,341.46%.

About Andrews Sykes Group

Andrews Sykes Group plc, an investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, rest of Europe, the Middle East, Africa, and internationally. The company operates through Hire and Sales UK, Hire and Sales Europe, Hire and Sales Middle East, and Installation and Maintenance segments.