Cairn Homes (LON:CRN) Sets New 1-Year High at $141.40

Cairn Homes plc (LON:CRN)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 141.40 ($1.79) and last traded at GBX 139.20 ($1.76), with a volume of 5366 shares changing hands. The stock had previously closed at GBX 138.60 ($1.75).

Cairn Homes Price Performance

The company has a current ratio of 8.88, a quick ratio of 0.22 and a debt-to-equity ratio of 23.81. The firm has a market capitalization of £897.70 million, a PE ratio of 1,265.45 and a beta of 1.03. The company has a fifty day moving average price of GBX 130.82 and a two-hundred day moving average price of GBX 116.15.

Cairn Homes Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 17th. Stockholders of record on Thursday, April 25th will be issued a €0.03 ($0.03) dividend. This is an increase from Cairn Homes’s previous dividend of $0.03. This represents a dividend yield of 2.15%. The ex-dividend date of this dividend is Thursday, April 25th. Cairn Homes’s payout ratio is presently 4,545.45%.

Insider Activity

In other news, insider Michael Stanley sold 128,333 shares of the business’s stock in a transaction dated Friday, April 5th. The stock was sold at an average price of GBX 158 ($2.00), for a total value of £202,766.14 ($256,633.51). Company insiders own 16.50% of the company’s stock.

Cairn Homes Company Profile

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company involved in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.