Fonix Mobile (LON:FNX) Shares Down 2.8% – What’s Next?

Fonix Mobile plc (LON:FNX) fell 2.8% during mid-day trading on Friday . The company traded as low as GBX 207 ($2.80) and last traded at GBX 208.50 ($2.82). 137,796 shares traded hands during trading, a decline of 16% from the average session volume of 164,837 shares. The stock had previously closed at GBX 214.50 ($2.90).

Fonix Mobile Stock Performance

The company has a market cap of £206.37 million, a PE ratio of 19.32 and a beta of 0.67. The business’s 50-day moving average is GBX 205.83 and its 200 day moving average is GBX 214.50. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.16 and a current ratio of 1.17.

Fonix Mobile (LON:FNX) last issued its earnings results on Tuesday, March 18th. The company reported GBX 6.20 ($0.08) EPS for the quarter. Fonix Mobile had a net margin of 14.03% and a return on equity of 101.42%. On average, equities research analysts predict that Fonix Mobile plc will post 10.9108622 EPS for the current fiscal year.

Fonix Mobile Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, March 27th were issued a GBX 2.90 ($0.04) dividend. This represents a yield of 1.59%. The ex-dividend date was Thursday, March 27th. Fonix Mobile’s dividend payout ratio (DPR) is presently 64.86%.

About Fonix Mobile

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.