Billington (LON:BILN) Reaches New 1-Year High at $550.00

Shares of Billington Holdings Plc (LON:BILN) reached a new 52-week high 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 trading hands. The stock had previously closed at GBX 525 ($6.48).

Billington Price Performance

The company has a debt-to-equity ratio of 5.16, a current ratio of 1.53 and a quick ratio of 0.89. The firm has a market cap of £69.44 million, a P/E ratio of 964.29 and a beta of 0.72. The stock’s 50-day simple moving average is GBX 439.51 and its two-hundred day simple moving average is GBX 408.31.

Billington Increases Dividend

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

Insider Activity

In other 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.

About Billington

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.