Equals Group (LON:EQLS) Trading Up 3.9% – Still a Buy?

Equals Group plc (LON:EQLS) traded up 3.9% on Tuesday . The stock traded as high as GBX 121 ($1.55) and last traded at GBX 120 ($1.53). 2,012,523 shares traded hands during trading, an increase of 193% from the average session volume of 687,017 shares. The stock had previously closed at GBX 115.50 ($1.48).

Equals Group Stock Up 3.9 %

The company has a current ratio of 1.57, a quick ratio of 1.55 and a debt-to-equity ratio of 5.20. The stock’s 50-day moving average price is GBX 116.94 and its 200-day moving average price is GBX 115.16. The company has a market cap of £226.24 million, a P/E ratio of 3,000.00 and a beta of 1.36.

Equals Group Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 25th. Stockholders of record on Thursday, September 26th were issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date was Thursday, September 26th. This represents a dividend yield of 0.88%. Equals Group’s dividend payout ratio is 5,000.00%.

About Equals Group

Equals Group plc, through its subsidiaries, provides payment processing and banking services to private clients and corporations through prepaid currency cards, travel cash, international money transfers, and current accounts in the United Kingdom. The company offers Equals Money, a card payment platform; Equals Money Solutions, an enterprise scale-up of the Equals Money platform serving large corporate and financial institutions; and FairFX, a travel card and international payment product for individuals, international holidaymakers, and families.