Shoe Zone PLC (LON:SHOE) Insider Nicholas (Nick) Davis Acquires 15,000 Shares

Shoe Zone PLC (LON:SHOE) insider Nicholas (Nick) Davis purchased 15,000 shares of the firm’s stock in a transaction on Thursday, June 6th. The shares were acquired at an average cost of GBX 200 ($2.61) per share, for a total transaction of £30,000 ($39,200.31).

Shares of SHOE stock traded down GBX 2 ($0.03) during mid-day trading on Friday, reaching GBX 179 ($2.34). 29,076 shares of the company’s stock traded hands, compared to its average volume of 36,416. Shoe Zone PLC has a 12 month low of GBX 85 ($1.11) and a 12 month high of GBX 249.60 ($3.26). The firm has a market cap of $89.41 million and a P/E ratio of 9.42. The firm’s 50-day simple moving average is GBX 202.42.

The firm also recently announced a dividend, which will be paid on Wednesday, August 14th. Stockholders of record on Thursday, July 18th will be issued a dividend of GBX 3.50 ($0.05) per share. This represents a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, July 18th. Shoe Zone’s dividend payout ratio (DPR) is presently 0.63%.

Separately, FinnCap boosted their target price on shares of Shoe Zone from GBX 230 ($3.01) to GBX 240 ($3.14) and gave the company a “corporate” rating in a report on Tuesday, May 21st.

Shoe Zone Company Profile

Further Reading: Outstanding Shares

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