Knights Group (LON:KGH) Stock Price Down 1.6% – What’s Next?

Knights Group Holdings plc (LON:KGH) traded down 1.6% during trading on Tuesday . The stock traded as low as GBX 125 ($1.67) and last traded at GBX 125 ($1.67). 116,736 shares traded hands during trading, an increase of 2% from the average session volume of 114,222 shares. The stock had previously closed at GBX 127 ($1.70).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “buy” rating on shares of Knights Group in a research report on Monday, July 8th.

Knights Group Stock Down 0.4 %

The stock has a fifty day moving average price of GBX 130.32 and a 200 day moving average price of GBX 132.78. The company has a debt-to-equity ratio of 80.98, a current ratio of 2.58 and a quick ratio of 2.10. The stock has a market capitalization of £107.39 million, a P/E ratio of 1,140.91 and a beta of 1.12.

Knights Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, August 29th were paid a dividend of GBX 2.79 ($0.04) per share. The ex-dividend date was Thursday, August 29th. This represents a yield of 1.92%. This is a boost from Knights Group’s previous dividend of $1.61. Knights Group’s payout ratio is currently 3,636.36%.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.