Smiths News plc (LON:SNWS - Get Free Report) insider Deborah Rabey purchased 20,663 shares of the firm's stock in a transaction on Friday, November 29th. The shares were acquired at an average price of GBX 63 ($0.80) per share, for a total transaction of £13,017.69 ($16,580.93).
Smiths News Price Performance
Shares of SNWS stock opened at GBX 62.20 ($0.79) on Friday. The stock's fifty day simple moving average is GBX 59 and its 200 day simple moving average is GBX 59.21. Smiths News plc has a one year low of GBX 45.20 ($0.58) and a one year high of GBX 67.80 ($0.86). The firm has a market cap of £147.47 million, a price-to-earnings ratio of 691.11, a P/E/G ratio of 0.29 and a beta of 0.83.
Smiths News Increases Dividend
The company also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th will be paid a GBX 5.40 ($0.07) dividend. This represents a dividend yield of 9.47%. The ex-dividend date is Thursday, January 9th. This is an increase from Smiths News's previous dividend of $1.75. Smiths News's payout ratio is currently 5,555.56%.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 95 ($1.21) target price on shares of Smiths News in a research report on Tuesday, November 5th.
Read Our Latest Stock Report on Smiths News
Smiths News Company Profile
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Smiths News plc, together with its subsidiaries, engages in the distributing of newspapers and magazines in the United Kingdom and internationally. It operates through Smiths News Core, Dawson Media Direct, Instore, and Other businesses segments. The company supplies inflight entertainment to airlines and travel points.
Further Reading
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