Smiths News (LON:SNWS) Stock Price Up 2.3%

Smiths News plc (LON:SNWS – Get Rating) rose 2.3% on Wednesday . The company traded as high as GBX 52.80 ($0.66) and last traded at GBX 52.80 ($0.66). Approximately 78,886 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 412,374 shares. The stock had previously closed at GBX 51.60 ($0.64).

Smiths News Stock Up 1.5 %

The stock has a market cap of £131.28 million, a P/E ratio of 522.00, a price-to-earnings-growth ratio of 0.29 and a beta of 0.78. The business has a 50 day moving average price of GBX 50.14 and a two-hundred day moving average price of GBX 47.96.

Smiths News Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, July 6th. Stockholders of record on Thursday, June 8th will be paid a GBX 1.40 ($0.02) dividend. This represents a dividend yield of 2.64%. The ex-dividend date is Thursday, June 8th. Smiths News’s dividend payout ratio (DPR) is 4,000.00%.

About Smiths News

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Smiths News plc, together with its subsidiaries, engages in the wholesaling of newspapers and magazines in the United Kingdom and internationally. It also supplies inflight entertainment to airlines and travel points; and offers field-based merchandising and marketing, supply chain auditing, and compliance solutions.