Record (LON:REC) Share Price Passes Above 50 Day Moving Average of $32.67

Shares of Record Plc (LON:REC) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $32.67 and traded as high as $32.28. Record shares last traded at $31.65, with a volume of 75,296 shares.

The firm has a market cap of $63.00 million and a P/E ratio of 9.59. The stock has a 50-day moving average of GBX 32.53.

The firm also recently declared a dividend, which was paid on Wednesday, July 31st. Shareholders of record on Thursday, June 27th were given a dividend of GBX 1.84 ($0.02) per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a yield of 5.48%. This is an increase from Record’s previous dividend of $1.15. Record’s dividend payout ratio is currently 0.61%.

In other Record news, insider Steve Cullen purchased 23,883 shares of the stock in a transaction on Thursday, June 20th. The shares were bought at an average price of GBX 34 ($0.44) per share, for a total transaction of £8,120.22 ($10,610.51).

Record Company Profile (LON:REC)

Record plc, through its subsidiaries, provides currency management services. The company offers currency hedging, currency for return, and other currency solutions and consulting services. Its clients include pension funds, charities, foundations, endowments, and family offices, as well as other fund managers and corporate clients.

Read More: Cost of Goods Sold (COGS)

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