Knights Group (LON:KGH) Stock Price Down 1.6%

Knights Group Holdings plc (LON:KGH)’s share price was 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). Approximately 116,736 shares changed hands during trading, an increase of 2% from the average daily volume of 114,222 shares. The stock had previously closed at GBX 127 ($1.70).

Analyst Ratings Changes

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

Knights Group Price Performance

The company has a market capitalization of £107.39 million, a P/E ratio of 1,136.36 and a beta of 1.12. The company has a current ratio of 2.58, a quick ratio of 2.10 and a debt-to-equity ratio of 80.98. The business’s fifty day moving average price is GBX 130.71 and its 200-day moving average price is GBX 132.79.

Knights Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, August 29th were paid a dividend of GBX 2.79 ($0.04) per share. The ex-dividend date of this dividend was Thursday, August 29th. This is an increase from Knights Group’s previous dividend of $1.61. This represents a dividend yield of 1.92%. Knights Group’s dividend payout ratio (DPR) is 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.