UP Global Sourcing (LON:UPGS) Shares Up 0.2%

UP Global Sourcing Holdings plc (LON:UPGSGet Rating) shot up 0.2% during mid-day trading on Thursday . The stock traded as high as GBX 133 ($1.62) and last traded at GBX 130.75 ($1.59). 77,635 shares traded hands during trading, a decline of 35% from the average session volume of 119,773 shares. The stock had previously closed at GBX 130.50 ($1.59).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of UP Global Sourcing in a research report on Thursday, February 2nd.

UP Global Sourcing Price Performance

The company has a current ratio of 1.33, a quick ratio of 0.72 and a debt-to-equity ratio of 76.37. The firm has a market cap of £114.32 million, a price-to-earnings ratio of 984.62 and a beta of 1.65. The company’s 50-day moving average is GBX 151.11 and its 200-day moving average is GBX 133.73.

UP Global Sourcing Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 27th. Investors of record on Thursday, January 5th were paid a GBX 4.82 ($0.06) dividend. This is an increase from UP Global Sourcing’s previous dividend of $2.30. The ex-dividend date of this dividend was Thursday, January 5th. This represents a yield of 3.46%. UP Global Sourcing’s dividend payout ratio is presently 5,384.62%.

Insider Activity at UP Global Sourcing

In related news, insider Chris Dent acquired 13,953 shares of the company’s stock in a transaction that occurred on Thursday, December 22nd. The stock was acquired at an average price of GBX 138 ($1.68) per share, with a total value of £19,255.14 ($23,467.57). 51.89% of the stock is owned by insiders.

UP Global Sourcing Company Profile

(Get Rating)

UP Global Sourcing Holdings plc, together with its subsidiaries, supplies branded homeware products in the United Kingdom and internationally. The company offers a range of durable household products, including vacuum cleaners, food prep, storage solutions, and airers, as well as fans, heaters, and electric fires under the Beldray Brand; kitchenware products under the Salter brand; audio products under the Intempo brand; non-electrical kitchen and laundry products under the Russell Hobbs brand; and travel luggage and accessories under constellation and ZFrame brand.

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