Elixirr International (LON:ELIX) Shares Down 1.2% – Here’s What Happened

Elixirr International plc (LON:ELIX) shares dropped 1.2% during trading on Monday . The stock traded as low as GBX 701 ($9.06) and last traded at GBX 710 ($9.17). Approximately 28,886 shares changed hands during trading, a decline of 47% from the average daily volume of 54,819 shares. The stock had previously closed at GBX 718.88 ($9.29).

Elixirr International Trading Down 1.2 %

The company has a 50 day simple moving average of GBX 770.64 and a 200 day simple moving average of GBX 725.84. The company has a current ratio of 1.51, a quick ratio of 1.29 and a debt-to-equity ratio of 3.90. The stock has a market capitalization of £342.95 million, a PE ratio of 20.14 and a beta of 0.63.

Elixirr International Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, February 17th. Stockholders of record on Thursday, January 23rd were paid a dividend of GBX 6.30 ($0.08) per share. This represents a dividend yield of 0.87%. The ex-dividend date of this dividend was Thursday, January 23rd. Elixirr International’s dividend payout ratio (DPR) is presently 42.55%.

Insider Activity at Elixirr International

In related news, insider Stephen Alexander Newton sold 270,270 shares of the firm’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of GBX 740 ($9.56), for a total value of £1,999,998 ($2,584,310.63). Also, insider Gavin Patterson sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of GBX 700 ($9.05), for a total value of £350,000 ($452,254.81). 51.82% of the stock is currently owned by insiders.

About Elixirr International

We’re an award-winning, global consulting firm working with clients across a diverse range of markets, industries and geographies. In short, we take on our clients’ toughest challenges, building businesses that redefine industries.

We’re a high-performance, hand-selected team of industry professionals, subject matter experts, career consultants, designers and developers.