Smiths News (LON:SNWS) Shares Down 0.3% – Here’s What Happened

Smiths News plc (LON:SNWS)’s share price dropped 0.3% on Tuesday . The stock traded as low as GBX 63.40 and last traded at GBX 64. Approximately 689,963 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 877,996 shares. The stock had previously closed at GBX 64.20.

Smiths News Price Performance

The company has a current ratio of 0.94, a quick ratio of 0.83 and a debt-to-equity ratio of 338.95. The company has a market cap of £154.90 million, a PE ratio of 5.66, a P/E/G ratio of 0.29 and a beta of 0.32. The firm has a 50 day moving average of GBX 66.87 and a two-hundred day moving average of GBX 66.85.

About Smiths News

In 1792 we started delivering the nation’s newspapers. Today, we’re proud to be the UK’s largest wholesaler of newspapers and magazines, serving 24,000 retailers from superstores to corner shops.

Service and efficiency put us at the forefront of our industry and with 55% market share we are the leading player in one of the world’s fastest-moving supply chains. Our teams go further, when others stop, striving to meet the highest standards in all we do.