Smart Metering Systems (LON:SMS) Share Price Crosses Above 50-Day Moving Average of $950.59

Smart Metering Systems plc (LON:SMS) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 950.59 ($11.83) and traded as high as GBX 960 ($11.95). Smart Metering Systems shares last traded at GBX 956 ($11.90), with a volume of 7,257 shares changing hands.

Smart Metering Systems Stock Up 0.1 %

The company has a debt-to-equity ratio of 14.30, a quick ratio of 1.40 and a current ratio of 1.72. The firm has a market capitalization of £1.28 billion, a P/E ratio of 8,690.91, a P/E/G ratio of 1.81 and a beta of 0.42. The stock has a fifty day moving average price of GBX 950.59 and a two-hundred day moving average price of GBX 846.71.

Smart Metering Systems Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, January 25th. Stockholders of record on Thursday, January 4th were issued a GBX 8.32 ($0.10) dividend. This represents a dividend yield of 1.24%. This is an increase from Smart Metering Systems’s previous dividend of $7.56. The ex-dividend date was Thursday, January 4th. Smart Metering Systems’s payout ratio is 27,272.73%.

Insider Activity

In other news, insider Gail Blain purchased 50,000 shares of the stock in a transaction dated Friday, March 22nd. The stock was acquired at an average cost of GBX 529 ($6.59) per share, for a total transaction of £264,500 ($329,266.77). Company insiders own 8.87% of the company’s stock.

Smart Metering Systems Company Profile

Smart Metering Systems plc, together with its subsidiaries, operates as an integrated energy infrastructure company in the United Kingdom. It operates through three segments: Asset Management, Asset Installation, and Energy Management. The company owns, installs, and manages carbon reduction assets. It also engages in the regulated management of gas meters, electric meters, and ADM devices.