Tyman (LON:TYMN) Sets New 12-Month High at $385.00

Tyman plc (LON:TYMN) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 385 ($4.79) and last traded at GBX 381 ($4.74), with a volume of 639929 shares. The stock had previously closed at GBX 296 ($3.68).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 360 ($4.48) target price on shares of Tyman in a research note on Thursday, March 7th.

Tyman Price Performance

The stock has a market capitalization of £742.80 million, a P/E ratio of 1,557.89, a price-to-earnings-growth ratio of 0.88 and a beta of 1.46. The business’s 50 day simple moving average is GBX 295.35 and its two-hundred day simple moving average is GBX 286.21. The company has a quick ratio of 1.16, a current ratio of 1.64 and a debt-to-equity ratio of 44.08.

Tyman Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 25th will be given a dividend of GBX 9.50 ($0.12) per share. This is a positive change from Tyman’s previous dividend of $4.20. This represents a dividend yield of 3.22%. The ex-dividend date of this dividend is Thursday, April 25th. Tyman’s dividend payout ratio (DPR) is presently 7,368.42%.

Tyman Company Profile

Tyman plc designs, manufactures, and supplies engineered fenestration components and access solutions to the construction industry. It operates through three divisions: Tyman North America, Tyman UK & Ireland, and Tyman International. The Tyman North America division offers single and multipoint locking systems, decorative handle trim sets, and precision rollers; operators, tie bar/locks, and hinges for casement and awning applications; hardware for sliding and hung windows; and locks/keepers, integrated tilt latches, rollers, balance systems, seals, and extruded profiles for hung and sliding window applications, as well as various specialty access and safety products, including smoke vents, roof access hatches, floor access doors, and ladder posts.