Touchstar (LON:TST) Hits New 52-Week High Following Dividend Announcement

Shares of Touchstar plc (LON:TST) hit a new 52-week high during trading on Thursday following a dividend announcement from the company. The stock traded as high as GBX 115 ($1.54) and last traded at GBX 110 ($1.47), with a volume of 139101 shares changing hands. The stock had previously closed at GBX 102.50 ($1.37).

The newly announced dividend which will be paid on Thursday, November 21st. Shareholders of record on Thursday, October 24th will be issued a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 24th. This represents a yield of 1.46%. Touchstar’s dividend payout ratio (DPR) is presently 3,750.00%.

Touchstar Stock Up 7.3 %

The company has a market capitalization of £9.02 million, a P/E ratio of 1,250.00 and a beta of 1.26. The company has a quick ratio of 1.16, a current ratio of 1.64 and a debt-to-equity ratio of 6.47. The firm has a fifty day simple moving average of GBX 99.83 and a 200-day simple moving average of GBX 95.44.

Touchstar Company Profile

Touchstar plc, together with its subsidiaries, designs and builds rugged mobile computing devices under the Touchstar brand in the United Kingdom and rest of Europe. It also supplies, installs, and maintains software applications and hardware solutions for mobile applications in the transport, logistics, and access control industries.