Billington (LON:BILN) Reaches New 12-Month High at $550.00

Shares of Billington Holdings Plc (LON:BILN) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 550 ($6.79) and last traded at GBX 550 ($6.79), with a volume of 72211 shares changing hands. The stock had previously closed at GBX 525 ($6.48).

Billington Price Performance

The business’s fifty day simple moving average is GBX 433.21 and its 200-day simple moving average is GBX 405.92. The company has a current ratio of 1.53, a quick ratio of 0.89 and a debt-to-equity ratio of 5.16. The firm has a market cap of £70.09 million, a P/E ratio of 982.13 and a beta of 0.72.

Billington Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Thursday, June 6th will be issued a dividend of GBX 33 ($0.41) per share. This is a boost from Billington’s previous dividend of $15.50. The ex-dividend date is Thursday, June 6th. This represents a yield of 6.73%. Billington’s payout ratio is presently 2,857.14%.

Insider Buying and Selling at Billington

In other Billington news, insider Trevor Taylor sold 43,484 shares of the business’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of GBX 478 ($5.90), for a total transaction of £207,853.52 ($256,736.07). Insiders own 47.27% of the company’s stock.

Billington Company Profile

Billington Holdings Plc, through its subsidiaries, designs, manufactures, and installs structural steelworks in the United Kingdom and Europe. The company designs, fabricates, and installs bespoke steel staircases, balustrade systems, and secondary steelworks. It also provides safety solutions and barrier systems to the construction industry; edge protection and fall prevention systems; and site hoarding and branding systems.