Andrews Sykes Group (LON:ASY) Trading Up 3.3% – Should You Buy?

Andrews Sykes Group plc (LON:ASY) shares shot up 3.3% during mid-day trading on Wednesday . The stock traded as high as GBX 550 ($7.18) and last traded at GBX 550 ($7.18). 320 shares were traded during mid-day trading, a decline of 86% from the average session volume of 2,326 shares. The stock had previously closed at GBX 532.50 ($6.95).

Andrews Sykes Group Trading Down 1.2 %

The company has a debt-to-equity ratio of 34.80, a quick ratio of 3.08 and a current ratio of 2.11. The stock has a market capitalization of £220.18 million, a price-to-earnings ratio of 1,282.93 and a beta of 0.47. The business has a fifty day simple moving average of GBX 563.25 and a 200 day simple moving average of GBX 568.10.

Andrews Sykes Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 3rd will be paid a GBX 11.90 ($0.16) dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a dividend yield of 2.15%. Andrews Sykes Group’s dividend payout ratio (DPR) is presently 6,341.46%.

Andrews Sykes Group Company Profile

Andrews Sykes Group plc, an investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, rest of Europe, the Middle East, Africa, and internationally. The company operates through Hire and Sales UK, Hire and Sales Europe, Hire and Sales Middle East, and Installation and Maintenance segments.