De La Rue plc (LON:DLAR) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 299 ($3.91) and last traded at GBX 302 ($3.95), with a volume of 1759466 shares traded. The stock had previously closed at GBX 457.50 ($5.98).
Separately, JPMorgan Chase & Co. downgraded shares of De La Rue to a “neutral” rating and dropped their price target for the stock from GBX 600 ($7.84) to GBX 515 ($6.73) in a research report on Wednesday, May 15th.
The stock has a market cap of $317.74 million and a PE ratio of 3.77.
About De La Rue (LON:DLAR)
De La Rue plc primarily operates as a commercial producer of currency worldwide. It operates through three segments: Currency, Identity Solutions, and Product Authentication and Traceability. The Currency segment provides printed banknotes, banknote paper and polymer substrates, and banknote security components.
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