Shoe Zone (LON:SHOE) Shares Down 11.5%

Shares of Shoe Zone plc (LON:SHOEGet Free Report) dropped 11.5% during trading on Tuesday . The stock traded as low as GBX 120 ($1.52) and last traded at GBX 135 ($1.71). Approximately 273,321 shares traded hands during trading, an increase of 229% from the average daily volume of 83,152 shares. The stock had previously closed at GBX 152.50 ($1.93).

Shoe Zone Stock Performance

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

Shoe Zone Cuts Dividend

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

About Shoe Zone

(Get Free Report)

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.

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