Ausnet Services (AST) Sets New 52-Week High at $1.87

Ausnet Services Ltd (ASX:AST)’s share price hit a new 52-week high on Friday . The stock traded as high as A$1.87 ($1.32) and last traded at A$1.86 ($1.32), with a volume of 2212227 shares trading hands. The stock had previously closed at A$1.85 ($1.31).

The company has a market capitalization of $6.79 billion and a P/E ratio of 24.80. The company has a debt-to-equity ratio of 213.67, a current ratio of 0.69 and a quick ratio of 0.47.

The firm also recently announced a Final dividend, which will be paid on Thursday, June 27th. Stockholders of record on Thursday, June 27th will be paid a dividend of $0.049 per share. This represents a dividend yield of 2.65%. The ex-dividend date is Tuesday, May 21st. Ausnet Services’s payout ratio is 120.00%.

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About Ausnet Services (ASX:AST)

AusNet Services Ltd engages in energy delivery services business in Australia. The company operates through Electricity Distribution, Gas Distribution, Electricity Transmission, and Commercial Energy Services segments. The Electricity Distribution segment carries electricity from the high voltage transmission network to end users in eastern Victoria.

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