Freedom Foods Group (ASX:FNP) Shares Down 1.2%
Freedom Foods Group Ltd (ASX:FNP) shares were down 1.2% during trading on Friday . The stock traded as low as A$5.54 ($3.93) and last traded at A$5.64 ($4.00), approximately 585,392 shares traded hands during trading. The stock had previously closed at A$5.71 ($4.05).
The stock has a market capitalization of $1.54 billion and a price-to-earnings ratio of 120.00. The company has a fifty day simple moving average of A$4.61 and a 200 day simple moving average of A$4.90. The company has a debt-to-equity ratio of 26.65, a quick ratio of 0.83 and a current ratio of 1.56.
The business also recently announced a Final dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, December 2nd will be issued a dividend of $0.033 per share. The ex-dividend date is Friday, November 1st. This is an increase from Freedom Foods Group’s previous Final dividend of $0.03. This represents a yield of 0.58%. Freedom Foods Group’s payout ratio is presently 148.94%.
About Freedom Foods Group (ASX:FNP)
Freedom Foods Group Limited engages in sourcing, manufacturing, marketing, distributing, and selling plant and dairy based beverages in Australia, New Zealand, China, South East Asia, and North America. It operates through five segments: Cereal & Snacking, Plant Based Beverages, Dairy Beverages, Speciality Seafood, and Nutritionals.
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