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

Ingenta plc (LON:ING)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 89.35 ($1.20) and last traded at GBX 89.76 ($1.20), with a volume of 1023 shares. The stock had previously closed at GBX 91.50 ($1.22).

Ingenta Stock Performance

The company has a current ratio of 1.60, a quick ratio of 1.30 and a debt-to-equity ratio of 5.09. The company has a market cap of £12.96 million, a P/E ratio of 992.78 and a beta of 0.16. The business’s 50 day simple moving average is GBX 111.25 and its 200 day simple moving average is GBX 129.79.

Ingenta Cuts Dividend

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

Ingenta Company Profile

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.