Shires Income (LON:SHRS) Stock Price Down 5%

Shires Income plc (LON:SHRS) shares traded down 5% on Wednesday . The company traded as low as GBX 253.36 ($3.31) and last traded at GBX 256 ($3.35), 37,374 shares were traded during trading. A decline of 20% from the average session volume of 46,743 shares. The stock had previously closed at GBX 269.50 ($3.52).

The stock has a market capitalization of $75.39 million and a PE ratio of 83.33. The company has a debt-to-equity ratio of 23.23, a current ratio of 0.27 and a quick ratio of 0.27. The business’s fifty day moving average price is GBX 268.51 and its two-hundred day moving average price is GBX 227.79.

The business also recently disclosed a dividend, which was paid on Friday, July 26th. Stockholders of record on Thursday, July 4th were issued a dividend of GBX 4.20 ($0.05) per share. The ex-dividend date of this dividend was Thursday, July 4th. This is a positive change from Shires Income’s previous dividend of $3.00. This represents a dividend yield of 1.55%. Shires Income’s payout ratio is 4.00%.

Shires Income Company Profile (LON:SHRS)

Shires Income PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. The fund is co-managed by Aberdeen Asset Managers Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.

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