Smart Metering Systems PLC (LON:SMS) Plans Dividend of GBX 2.30
Smart Metering Systems PLC (LON:SMS) announced a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 24th will be paid a dividend of GBX 2.30 ($0.03) per share on Friday, November 22nd. This represents a yield of 0.64%. The ex-dividend date of this dividend is Thursday, October 24th. The official announcement can be accessed at this link.
SMS traded down GBX 77 ($1.01) during midday trading on Tuesday, reaching GBX 360 ($4.70). The company’s stock had a trading volume of 2,110,742 shares, compared to its average volume of 213,179. The firm has a market capitalization of $418.23 million and a price-to-earnings ratio of 92.31. The company has a current ratio of 0.36, a quick ratio of 0.28 and a debt-to-equity ratio of 76.07. Smart Metering Systems has a 1 year low of GBX 437 ($5.71) and a 1 year high of GBX 676 ($8.83). The stock’s 50-day moving average is GBX 469.27 and its 200-day moving average is GBX 517.46.
A number of equities research analysts have weighed in on the stock. Peel Hunt restated a “buy” rating on shares of Smart Metering Systems in a report on Tuesday. Barclays upgraded shares of Smart Metering Systems to an “overweight” rating and cut their price objective for the stock from GBX 650 ($8.49) to GBX 545 ($7.12) in a report on Tuesday, September 3rd. Finally, Liberum Capital restated a “buy” rating on shares of Smart Metering Systems in a report on Thursday, August 1st. Four investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average price target of GBX 776.25 ($10.14).
Smart Metering Systems plc, through its subsidiaries, connects, owns, operates, and maintains metering systems and databases on behalf of energy companies in the United Kingdom, Italy, and the Caribbean. It operates through three segments: Asset Management, Asset Installation, and Energy Management. The Asset Management segment engages in the regulated management of gas meters, electric meters, and ADM devices.
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