Dr. Martens (LON:DOCS) Stock Price Up 0.5% – Time to Buy?

Dr. Martens plc (LON:DOCS) was up 0.5% during trading on Friday . The stock traded as high as GBX 74.95 ($0.93) and last traded at GBX 73.95 ($0.92). Approximately 1,003,337 shares changed hands during mid-day trading, an increase of 27% from the average daily volume of 792,198 shares. The stock had previously closed at GBX 73.55 ($0.91).

Dr. Martens Stock Performance

The company’s 50-day moving average price is GBX 65.38 and its 200 day moving average price is GBX 66.40. The stock has a market capitalization of £711.19 million, a PE ratio of 1,056.43, a PEG ratio of 6.40 and a beta of 0.11. The company has a debt-to-equity ratio of 129.55, a quick ratio of 1.13 and a current ratio of 2.85.

Dr. Martens Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Thursday, March 6th will be issued a GBX 0.85 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a yield of 1.47%. Dr. Martens’s dividend payout ratio (DPR) is presently 4,285.71%.

Dr. Martens Company Profile

Dr. Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. It offers originals, fusion, kids, and casual, as well as accessories. The company offers its products under the Dr. Martens brand name. Dr. Martens plc was founded in 1945 and is based in London, the United Kingdom.