Finsbury Food Group plc (LON:FIF)’s stock price shot up 0.6% during mid-day trading on Monday . The company traded as high as GBX 84.90 ($1.11) and last traded at GBX 83.50 ($1.09), 93,300 shares changed hands during mid-day trading. An increase of 4% from the average session volume of 89,348 shares. The stock had previously closed at GBX 83 ($1.08).
The company has a debt-to-equity ratio of 43.54, a current ratio of 1.28 and a quick ratio of 1.01. The stock has a 50 day moving average price of GBX 80.63 and a 200-day moving average price of GBX 73.81. The stock has a market capitalization of $108.87 million and a price-to-earnings ratio of 11.93.
The business also recently disclosed a dividend, which will be paid on Monday, December 23rd. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 2.34 ($0.03) per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a yield of 3.34%. This is a positive change from Finsbury Food Group’s previous dividend of $1.16. Finsbury Food Group’s payout ratio is 0.57%.
Finsbury Food Group Plc, together with its subsidiaries, manufactures and sells a range of cakes, bread, and bakery snack products in the United Kingdom and internationally. It offers a range of bread and morning goods, such as rolls, hot cross buns, muffins, artisan breads, and healthy lifestyle and organic breads, as well as baguettes, doughnuts, and morning pastries under the Village Bakery, Vogel's, and Cranks Organic brands; and cakes, including sponge cakes, loaf cakes, seasonal cakes, and individually portioned sweet snacks, such as chocolate cake bites, cake slices, cake bars, and mini rolls.
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