Webjet (ASX:WEB) Trading Down 1.6%

Webjet Limited (ASX:WEB)’s stock price dropped 1.6% during mid-day trading on Friday . The company traded as low as A$12.02 ($8.52) and last traded at A$12.02 ($8.52), approximately 910,385 shares were traded during trading. An increase of 26% from the average daily volume of 722,472 shares. The stock had previously closed at A$12.22 ($8.67).

The stock has a 50 day moving average price of A$13.10 and a 200-day moving average price of A$14.51. The stock has a market capitalization of $1.63 billion and a P/E ratio of 25.68. The company has a debt-to-equity ratio of 34.10, a current ratio of 0.94 and a quick ratio of 0.90.

The business also recently disclosed a Final dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th will be paid a dividend of $0.135 per share. The ex-dividend date is Wednesday, September 18th. This represents a dividend yield of 1.04%. Webjet’s dividend payout ratio (DPR) is currently 57.69%.

About Webjet (ASX:WEB)

Webjet Limited provides online travel booking services in Australia, New Zealand, Europe, and internationally. It operates through Business to Consumer Travel and Business to Business Travel segments. The company enables its customers to compare, combine, and book domestic and international air travel, hotel accommodations, holiday packages, travel insurances, rental cars, motorhomes, and cruises, as well as offers digital marketing consultancy services.

Further Reading: What is the return on assets (ROA) ratio?

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