Dr. Martens (LON:DOCS) Sets New 52-Week Low at $65.50

Dr. Martens plc (LON:DOCS)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 65.50 ($0.82) and last traded at GBX 70 ($0.87), with a volume of 2226780 shares changing hands. The stock had previously closed at GBX 94.95 ($1.18).

Dr. Martens Trading Down 28.8 %

The company’s 50 day simple moving average is GBX 91.64 and its 200 day simple moving average is GBX 98.96. The company has a debt-to-equity ratio of 143.48, a current ratio of 2.44 and a quick ratio of 1.13. The firm has a market cap of £650.21 million, a price-to-earnings ratio of 949.50, a P/E/G ratio of 2.70 and a beta of -0.02.

Dr. Martens Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 2nd. Stockholders of record on Thursday, January 4th were given a dividend of GBX 1.56 ($0.02) per share. This represents a dividend yield of 1.36%. The ex-dividend date of this dividend was Thursday, January 4th. Dr. Martens’s dividend payout ratio is currently 6,000.00%.

Dr. Martens Company Profile

Dr. Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. It offers originals, fusion, kids, and casual, as well as accessories. The company offers its products under the Dr. Martens brand name. Dr. Martens plc was founded in 1945 and is based in London, the United Kingdom.