Fonix Mobile (LON:FNX) Trading 2.1% Higher – Should You Buy?

Fonix Mobile plc (LON:FNX) shares were up 2.1% during trading on Monday . The company traded as high as GBX 218 ($2.78) and last traded at GBX 215.50 ($2.75). Approximately 56,739 shares were traded during trading, a decline of 71% from the average daily volume of 194,991 shares. The stock had previously closed at GBX 211 ($2.69).

Fonix Mobile Trading Up 2.1 %

The company has a current ratio of 1.17, a quick ratio of 1.16 and a debt-to-equity ratio of 2.45. The firm has a fifty day simple moving average of GBX 228.72 and a two-hundred day simple moving average of GBX 233.70. The firm has a market cap of £213.30 million, a PE ratio of 1,959.09 and a beta of 0.67.

Fonix Mobile Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were issued a dividend of GBX 5.70 ($0.07) per share. This represents a dividend yield of 2.45%. The ex-dividend date of this dividend was Thursday, November 21st. This is an increase from Fonix Mobile’s previous dividend of $2.60. Fonix Mobile’s dividend payout ratio is currently 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.