Keywords Studios (LON:KWS) Hits New 12-Month High at $2,498.00

Keywords Studios plc (LON:KWS) hit a new 52-week high on Monday . The company traded as high as GBX 2,498 ($31.75) and last traded at GBX 2,373.04 ($30.16), with a volume of 42140734 shares. The stock had previously closed at GBX 1,470 ($18.68).

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Shore Capital cut shares of Keywords Studios to a “hold” rating in a research report on Monday. Berenberg Bank restated a “buy” rating and set a GBX 2,090 ($26.56) target price on shares of Keywords Studios in a research report on Tuesday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Keywords Studios currently has a consensus rating of “Hold” and an average price target of GBX 2,113.33 ($26.86).

Keywords Studios Stock Performance

The company has a quick ratio of 1.70, a current ratio of 1.13 and a debt-to-equity ratio of 29.10. The firm has a market capitalization of £1.76 billion, a P/E ratio of 10,742.86, a price-to-earnings-growth ratio of 2.97 and a beta of 0.86. The company’s 50 day moving average is GBX 1,289.03 and its 200-day moving average is GBX 1,433.57.

Keywords Studios Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, May 23rd will be given a dividend of GBX 1.76 ($0.02) per share. This represents a dividend yield of 0.13%. The ex-dividend date of this dividend is Thursday, May 23rd. This is a boost from Keywords Studios’s previous dividend of $0.85. Keywords Studios’s dividend payout ratio is 1,428.57%.

Insider Activity at Keywords Studios

In other news, insider Don Robert purchased 4,700 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The shares were acquired at an average cost of GBX 1,189 ($15.11) per share, with a total value of £55,883 ($71,025.67). 5.73% of the stock is currently owned by corporate insiders.

About Keywords Studios

Keywords Studios plc provides creative and technical services to the video game industry worldwide. The company offers art creation services related to the production of graphical art assets for inclusion in the video game, including concept art creation, as well as 2D and 3D art asset production and animation.