Antoine Auclair Sells 5,400 Shares of Richelieu Hardware Ltd. (TSE:RCH) Stock

Posted by Denise Davis on Nov 15th, 2024

Richelieu Hardware Ltd. (TSE:RCH – Get Free Report) Senior Officer Antoine Auclair sold 5,400 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of C$38.26, for a total transaction of C$206,605.62.

Richelieu Hardware Trading Down 0.5 %

RCH stock opened at C$38.54 on Friday. The company has a debt-to-equity ratio of 26.31, a current ratio of 3.46 and a quick ratio of 0.72. The company has a market capitalization of C$2.15 billion, a PE ratio of 24.13, a P/E/G ratio of 0.77 and a beta of 0.94. The firm’s 50-day moving average is C$38.90 and its 200 day moving average is C$39.24. Richelieu Hardware Ltd. has a 12 month low of C$36.30 and a 12 month high of C$48.27.

Richelieu Hardware (TSE:RCH – Get Free Report) last posted its earnings results on Thursday, October 10th. The company reported C$0.41 EPS for the quarter, missing analysts’ consensus estimates of C$0.44 by C($0.03). The business had revenue of C$467.75 million for the quarter, compared to analysts’ expectations of C$468.40 million. Richelieu Hardware had a net margin of 4.97% and a return on equity of 10.32%.

Richelieu Hardware Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Thursday, October 24th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date was Thursday, October 24th. Richelieu Hardware’s dividend payout ratio (DPR) is 37.50%.

Richelieu Hardware Company Profile

(Get Free Report)

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company’s principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.