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 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.
Read More: Correction
Receive News & Ratings for Shires Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shires Income and related companies with MarketBeat.com's FREE daily email newsletter.