Shoe Zone (LON:SHOE) Shares Down 11.5%

Shoe Zone plc (LON:SHOE) traded down 11.5% during trading on Tuesday . The stock traded as low as GBX 120 ($1.52) and last traded at GBX 135 ($1.71). 273,321 shares traded hands during mid-day trading, an increase of 229% from the average session volume of 83,152 shares. The stock had previously closed at GBX 152.50 ($1.93).

Shoe Zone Trading Down 0.6 %

The company has a market cap of £62.02 million, a price-to-earnings ratio of 450.00 and a beta of 1.23. The company has a debt-to-equity ratio of 105.81, a quick ratio of 0.49 and a current ratio of 1.39. The firm has a fifty day moving average price of GBX 174.25 and a 200 day moving average price of GBX 213.24.

Shoe Zone Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, August 14th. Stockholders of record on Thursday, July 11th will be issued a GBX 2.50 ($0.03) dividend. This represents a dividend yield of 1.35%. The ex-dividend date of this dividend is Thursday, July 11th. Shoe Zone’s payout ratio is presently 5,000.00%.

Shoe Zone Company Profile

Shoe Zone plc operates as a footwear retailer in the United Kingdom. It offers shoes for men, women, boys, and girls. It offers its product through stores and a website, shoezone.com. The company was incorporated in 2014 and is based in Leicester, the United Kingdom.