Stefan Borgas Sells 5,598 Shares of RHI Magnesita (LON:RHIM) Stock

RHI Magnesita (LON:RHIM) insider Stefan Borgas sold 5,598 shares of the stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of GBX 3,065 ($39.80), for a total transaction of £171,578.70 ($222,800.55).

Stefan Borgas also recently made the following trade(s):

• On Thursday, March 27th, Stefan Borgas sold 9,464 shares of RHI Magnesita stock. The stock was sold at an average price of GBX 3,235 ($42.01), for a total transaction of £306,160.40 ($397,559.28).

RHI Magnesita Stock Performance

Shares of RHIM stock opened at GBX 3,000 ($38.96) on Thursday. The firm has a market cap of £1.70 billion, a P/E ratio of 9.41, a PEG ratio of 2.03 and a beta of 1.53. The company has a debt-to-equity ratio of 152.96, a current ratio of 1.91 and a quick ratio of 0.93. RHI Magnesita has a fifty-two week low of GBX 2,925 ($37.98) and a fifty-two week high of GBX 3,885 ($50.45). The stock’s 50-day moving average is GBX 3,481.74 and its two-hundred day moving average is GBX 3,329.14.

RHI Magnesita Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 22nd will be given a dividend of €1.20 ($1.30) per share. This represents a yield of 3%. The ex-dividend date is Thursday, May 22nd. This is a positive change from RHI Magnesita’s previous dividend of $0.60. RHI Magnesita’s dividend payout ratio (DPR) is presently 48.91%.

About RHI Magnesita

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 22,000 employees in 47 main production sites, 9 recycling facilities and more than 70 sales offices.