Reece (ASX:REH) Trading 1.2% Higher
Reece Ltd (ASX:REH) shares traded up 1.2% during trading on Monday . The company traded as high as A$10.55 ($7.48) and last traded at A$10.52 ($7.46), 45,802 shares traded hands during mid-day trading. The stock had previously closed at A$10.40 ($7.38).
The company has a debt-to-equity ratio of 82.15, a current ratio of 2.47 and a quick ratio of 1.25. The business has a 50-day simple moving average of A$10.35 and a 200 day simple moving average of A$10.26. The firm has a market cap of $5.56 billion and a PE ratio of 28.86.
The business also recently declared a Final dividend, which was paid on Wednesday, October 30th. Shareholders of record on Wednesday, October 30th were given a $0.143 dividend. This represents a yield of 1.31%. The ex-dividend date of this dividend was Tuesday, October 8th. Reece’s payout ratio is 77.78%.
Reece Limited engages in importing, wholesaling, distributing, marketing, and retailing plumbing, bathroom, heating, ventilation, air-conditioning, and refrigeration products in Australia and New Zealand. It also provides specialized services; and supplies plumbing and bathroom products to volume home builders and commercial developers, as well as specialized products and services for irrigation contractors, landscape designers, pool builders, and home owners.
Receive News & Ratings for Reece Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reece and related companies with MarketBeat.com's FREE daily email newsletter.