Sanderson Design Group (LON:SDG) Stock Price Down 3.3% – Should You Sell?

Sanderson Design Group plc (LON:SDG)’s stock price dropped 3.3% during mid-day trading on Tuesday . The stock traded as low as GBX 58 ($0.73) and last traded at GBX 58 ($0.73). Approximately 110,983 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 165,319 shares. The stock had previously closed at GBX 60 ($0.75).

Sanderson Design Group Trading Down 3.3 %

The company has a quick ratio of 1.74, a current ratio of 3.33 and a debt-to-equity ratio of 5.95. The company has a market cap of £41.64 million, a price-to-earnings ratio of 527.27, a P/E/G ratio of 0.51 and a beta of 1.42. The business has a fifty day simple moving average of GBX 64.27 and a 200 day simple moving average of GBX 78.30.

Sanderson Design Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 24th were given a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date was Thursday, October 24th. This represents a yield of 0.65%. Sanderson Design Group’s payout ratio is currently 3,636.36%.

About Sanderson Design Group

Sanderson Design Group plc, together with its subsidiaries, designs, manufactures, markets, and distributes interior furnishings, fabrics, and wallpapers worldwide. The company operates in two segments, Brands and Manufacturing. The Brands segment designs, markets, sells, distributes, and licenses Sanderson, Morris & Co, Harlequin, Zoffany, Scion, Clarke & Clarke, and Archive by Sanderson Design brands.