Cimic Group (ASX:CIM) Hits New 52-Week Low at $30.84

Cimic Group Ltd (ASX:CIM) reached a new 52-week low during mid-day trading on Sunday . The company traded as low as A$30.84 ($21.87) and last traded at A$31.04 ($22.01), with a volume of 173742 shares trading hands. The stock had previously closed at A$31.04 ($22.01).

The company has a debt-to-equity ratio of 64.20, a current ratio of 0.92 and a quick ratio of 0.86. The stock has a market capitalization of $10.06 billion and a price-to-earnings ratio of 12.83. The stock’s 50 day simple moving average is A$39.12 and its 200-day simple moving average is A$45.62.

The company also recently disclosed a Interim dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Thursday, October 3rd will be paid a $0.71 dividend. This represents a dividend yield of 1.91%. The ex-dividend date of this dividend is Wednesday, September 11th. Cimic Group’s payout ratio is 58.70%.

In other news, insider Michael Wright acquired 10,000 shares of Cimic Group stock in a transaction dated Friday, July 26th. The stock was acquired at an average cost of A$36.80 ($26.10) per share, for a total transaction of A$368,010.00 ($261,000.00). Also, insider Kathryn (Kate) Spargo acquired 1,000 shares of Cimic Group stock in a transaction dated Monday, July 22nd. The stock was purchased at an average price of A$36.58 ($25.94) per share, with a total value of A$36,579.00 ($25,942.55).

Cimic Group Company Profile (ASX:CIM)

CIMIC Group Limited provides construction, mining, mineral processing, engineering, and operation and maintenance services to the infrastructure, resource, and property markets. The company operates through Construction, Public Private Partnerships, Mining & Mineral Processing, Engineering, Services, and Commercial & Residential segments.

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