Ingenta (LON:ING) Hits New 12-Month Low at $89.35

Ingenta plc (LON:ING) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 89.35 ($1.20) and last traded at GBX 89.76 ($1.20), with a volume of 1023 shares changing hands. The stock had previously closed at GBX 91.50 ($1.22).

Ingenta Price Performance

The business’s 50 day moving average price is GBX 112.25 and its 200-day moving average price is GBX 130.58. The company has a quick ratio of 1.30, a current ratio of 1.36 and a debt-to-equity ratio of 5.09. The company has a market cap of £13.02 million, a PE ratio of 997.33 and a beta of 0.16.

Ingenta Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, November 4th. Shareholders of record on Thursday, October 3rd will be issued a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a dividend yield of 1.27%. Ingenta’s dividend payout ratio (DPR) is 4,444.44%.

Ingenta Company Profile

Ingenta plc, together with its subsidiaries, provides content management, advertising, and commercial enterprise solutions and services in the United Kingdom and internationally. The company offers applications designed to manage intellectual property assets and published content for print and digital products, such as royalty calculation, online sales and marketing, digital and print distribution, product, and subscription management.