Devro plc (LON:DVO – Get Rating) insider Malcolm Swift bought 10,023 shares of the stock in a transaction that occurred on Wednesday, May 11th. The stock was bought at an average price of GBX 200 ($2.47) per share, with a total value of £20,046 ($24,714.59).
Shares of LON DVO opened at GBX 197.80 ($2.44) on Thursday. The company has a current ratio of 2.32, a quick ratio of 1.37 and a debt-to-equity ratio of 90.42. Devro plc has a 12 month low of GBX 163.46 ($2.02) and a 12 month high of GBX 240 ($2.96). The company has a 50 day simple moving average of GBX 204.66 and a two-hundred day simple moving average of GBX 208.64. The stock has a market cap of £331.21 million and a price-to-earnings ratio of 10.98.
The firm also recently disclosed a dividend, which will be paid on Friday, July 22nd. Shareholders of record on Thursday, June 9th will be paid a dividend of GBX 6.50 ($0.08) per share. This represents a yield of 3.19%. This is a boost from Devro’s previous dividend of $2.80. The ex-dividend date is Thursday, June 9th. Devro’s payout ratio is presently 0.49%.
About Devro (Get Rating)
Devro plc, together with its subsidiaries, manufactures and supplies collagen casings primarily in the United Kingdom. It offers edible and non-edible collagen casings, films, and plastic casings for use in the production of a range of sausages and other meat products. The company sells its products to food manufacturers through distributors and agents.
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