Northamber (LON:NAR) Trading 1.9% Higher – Here’s What Happened

Posted by Joseph Casey on Feb 5th, 2025

Northamber plc (LON:NAR – Get Free Report) shares were up 1.9% on Tuesday . The company traded as high as GBX 27 ($0.34) and last traded at GBX 27 ($0.34). Approximately 300 shares changed hands during trading, a decline of 98% from the average daily volume of 17,829 shares. The stock had previously closed at GBX 26.50 ($0.33).

Northamber Stock Performance

The company has a 50-day moving average of GBX 27.78 and a 200-day moving average of GBX 31.98. The stock has a market capitalization of £7.40 million, a price-to-earnings ratio of -1,350.00 and a beta of -0.10.

Northamber (LON:NAR – Get Free Report) last released its quarterly earnings results on Thursday, November 21st. The company reported GBX (4.85) (($0.06)) earnings per share for the quarter. Northamber had a negative return on equity of 2.41% and a negative net margin of 0.91%.

Northamber Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, December 12th were issued a GBX 0.30 ($0.00) dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a yield of 1.03%. Northamber’s dividend payout ratio (DPR) is -5,000.00%.

Insiders Place Their Bets

In other Northamber news, insider Tony Lee purchased 1,000 shares of Northamber stock in a transaction on Tuesday, December 10th. The shares were bought at an average price of GBX 28 ($0.35) per share, with a total value of £280 ($349.48). 78.28% of the stock is owned by corporate insiders.

About Northamber

(Get Free Report)

Northamber plc, together with its subsidiaries, engages in the supply of computer hardware, computer printers and peripheral products, computer telephony products, and other electronic transmission equipment in the United Kingdom. The company offers audio visual products, such as collaboration and conferencing, connectivity and control, interactive displays, lighting, live solutions, professional audio and displays, projection, and security and thermal solutions; and computer accessories and components, dictation, disk and memory, laptop/desktop PCs, mice and keyboards, monitors, tablets and virtual desktop.