Shoe Zone (LON:SHOE) Stock Price Crosses Below 200 Day Moving Average of $0.00

Shoe Zone PLC (LON:SHOE)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as low as $178.00. Shoe Zone shares last traded at $179.00, with a volume of 29,076 shares trading hands.

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

The business has a fifty day moving average of GBX 202.42. The stock has a market cap of $89.41 million and a price-to-earnings ratio of 9.42.

The company also recently declared a dividend, which will be paid on Wednesday, August 14th. Shareholders of record on Thursday, July 18th will be issued a GBX 3.50 ($0.05) dividend. The ex-dividend date is Thursday, July 18th. This represents a yield of 1.66%. Shoe Zone’s payout ratio is currently 0.63%.

In other news, insider Nicholas (Nick) Davis purchased 15,000 shares of the business’s stock in a transaction on Thursday, June 6th. The shares were acquired at an average price of GBX 200 ($2.61) per share, for a total transaction of £30,000 ($39,200.31).

About Shoe Zone (LON:SHOE)

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