Fonix Mobile (LON:FNX) Shares Up 1.5% – Time to Buy?

Fonix Mobile plc (LON:FNXGet Free Report) shares traded up 1.5% during mid-day trading on Wednesday . The stock traded as high as GBX 206 ($2.54) and last traded at GBX 206 ($2.54). 83,790 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 88,277 shares. The stock had previously closed at GBX 203 ($2.50).

Fonix Mobile Price Performance

The firm has a market capitalization of £203.90 million, a P/E ratio of 1,872.73 and a beta of 0.67. 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 business’s fifty day moving average is GBX 218.44 and its 200 day moving average is GBX 230.26.

Fonix Mobile Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 21st were given a dividend of GBX 5.70 ($0.07) per share. This represents a dividend yield of 2.45%. The ex-dividend date was Thursday, November 21st. This is an increase from Fonix Mobile’s previous dividend of $2.60. Fonix Mobile’s dividend payout ratio is 6,363.64%.

Fonix Mobile Company Profile

(Get Free Report)

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.

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