Ingenta (LON:ING) Sets New 12-Month Low – Here’s Why

by · The Cerbat Gem

Ingenta plc (LON:ING – Get Free Report)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 84.50 ($1.10) and last traded at GBX 85 ($1.10), with a volume of 500 shares changing hands. The stock had previously closed at GBX 86.50 ($1.12).

Ingenta Stock Performance

The stock’s fifty day moving average is GBX 102.71 and its 200-day moving average is GBX 122.05. The stock has a market cap of £12.12 million, a price-to-earnings ratio of 901.39 and a beta of 0.16. The company has a quick ratio of 1.30, a current ratio of 1.60 and a debt-to-equity ratio of 5.09.

Ingenta Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, November 4th. Investors of record on Thursday, October 3rd will be issued a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 1.27%. The ex-dividend date of this dividend is Thursday, October 3rd. Ingenta’s payout ratio is 4,444.44%.

Ingenta Company Profile

(Get Free Report)

Ingenta plc, together with its subsidiaries, provides content management, advertising, and commercial enterprise solutions and services in the United Kingdom and internationally. The company offers applications designed to manage intellectual property assets and published content for print and digital products, such as royalty calculation, online sales and marketing, digital and print distribution, product, and subscription management.

Recommended Stories