Sanderson Design Group (LON:SDG) Shares Down 22%

Sanderson Design Group plc (LON:SDG) was down 22% during trading on Thursday . The stock traded as low as GBX 70.10 ($0.89) and last traded at GBX 80 ($1.01). Approximately 480,111 shares were traded during mid-day trading, an increase of 251% from the average daily volume of 136,740 shares. The stock had previously closed at GBX 102.50 ($1.30).

Sanderson Design Group Trading Down 20.6 %

The stock has a market cap of £58.37 million, a price-to-earnings ratio of 931.82, a P/E/G ratio of 0.51 and a beta of 1.34. The business has a 50-day simple moving average of GBX 105.07 and a two-hundred day simple moving average of GBX 109.72. The company has a debt-to-equity ratio of 5.95, a quick ratio of 1.74 and a current ratio of 3.33.

Sanderson Design Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 9th. Investors of record on Thursday, July 11th will be issued a dividend of GBX 2.75 ($0.03) per share. This is a boost from Sanderson Design Group’s previous dividend of $0.75. The ex-dividend date is Thursday, July 11th. This represents a yield of 2.67%. Sanderson Design Group’s dividend payout ratio is presently 3,636.36%.

About Sanderson Design Group

Sanderson Design Group plc, together with its subsidiaries, designs, manufactures, markets, and distributes interior furnishings, fabrics, and wallpapers worldwide. The company operates in two segments, Brands and Manufacturing. The Brands segment designs, markets, sells, distributes, and licenses Sanderson, Morris & Co, Harlequin, Zoffany, Scion, Clarke & Clarke, and Archive by Sanderson Design brands.