Redcentric (LON:RCN) Reaches New 52-Week Low at $104.50

Redcentric plc (LON:RCNGet Free Report) shares hit a new 52-week low on Monday . The stock traded as low as GBX 104.50 ($1.28) and last traded at GBX 101.25 ($1.24), with a volume of 53875 shares. The stock had previously closed at GBX 106.25 ($1.30).

Redcentric Stock Performance

The firm’s 50 day moving average is GBX 115.44 and its two-hundred day moving average is GBX 123.10. The stock has a market capitalization of Ā£158.27 million, a PE ratio of -1,770.83 and a beta of 0.08. The company has a debt-to-equity ratio of 127.73, a quick ratio of 0.34 and a current ratio of 0.74.

Redcentric Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 19th. Investors of record on Thursday, December 7th will be paid a dividend of GBX 2.40 ($0.03) per share. This is an increase from Redcentric’s previous dividend of $1.20. This represents a yield of 1.88%. The ex-dividend date of this dividend is Thursday, December 7th. Redcentric’s dividend payout ratio is presently -6,666.67%.

Redcentric Company Profile

(Get Free Report)

Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.

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