De La Rue (LON:DLAR) Hits New 52-Week Low at $214.00

De La Rue plc (LON:DLAR)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 214 ($2.80) and last traded at GBX 214 ($2.80), with a volume of 143422 shares changing hands. The stock had previously closed at GBX 222 ($2.90).

Separately, JPMorgan Chase & Co. reduced their price target on De La Rue from GBX 415 ($5.42) to GBX 360 ($4.70) and set a “neutral” rating for the company in a report on Thursday, June 13th.

The company has a market capitalization of $222.23 million and a price-to-earnings ratio of 12.97. The firm has a 50-day moving average price of GBX 256.03 and a 200-day moving average price of GBX 362.70.

The firm also recently announced a dividend, which was paid on Friday, August 2nd. Stockholders of record on Thursday, July 4th were issued a GBX 16.70 ($0.22) dividend. This is an increase from De La Rue’s previous dividend of $8.30. This represents a dividend yield of 5.53%. The ex-dividend date of this dividend was Thursday, July 4th. De La Rue’s payout ratio is presently 1.52%.

De La Rue Company Profile (LON:DLAR)

De La Rue plc primarily operates as a commercial producer of currency worldwide. It operates through three segments: Currency, Identity Solutions, and Product Authentication and Traceability. The Currency segment provides printed banknotes, banknote paper and polymer substrates, and banknote security components.

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