Yü Group (LON:YU) Shares Down 1.9% – Here’s Why

Yü Group PLC (LON:YU) shares dropped 1.9% on Wednesday . The stock traded as low as GBX 1,730 ($22.52) and last traded at GBX 1,765 ($22.98). Approximately 31,771 shares were traded during mid-day trading, The stock had previously closed at GBX 1,800 ($23.43).

Yü Group Trading Down 0.8 %

The company has a fifty day moving average price of GBX 1,574.70. The stock has a market capitalization of £293.65 million, a price-to-earnings ratio of 836.49 and a beta of 1.13.

Yü Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 21st will be issued a dividend of GBX 19 ($0.25) per share. This represents a yield of 1.23%. The ex-dividend date is Thursday, November 21st. Yü Group’s dividend payout ratio is currently 2,654.03%.

Yü Group Company Profile

Yü Group PLC, through its subsidiaries, supplies energy and utility solutions primarily in the United Kingdom. The company operates through Retail, Smart, and Metering Assets segments. It supplies electricity, gas, water, and other utility solutions. The company also provides electric vehicle charge points; smart meter installation and maintenance services; gas shipping services; and green electricity and carbon neutral gas.