Knights Group (LON:KGH) Shares Down 1.2%

Knights Group Holdings plc (LON:KGH)’s stock price fell 1.2% on Tuesday . The company traded as low as GBX 125.98 ($1.64) and last traded at GBX 128 ($1.66). 70,198 shares were traded during trading, a decline of 40% from the average session volume of 117,920 shares. The stock had previously closed at GBX 129.50 ($1.68).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of Knights Group in a report on Monday, July 8th.

Knights Group Trading Down 1.6 %

The company has a current ratio of 2.58, a quick ratio of 2.10 and a debt-to-equity ratio of 80.98. The company has a 50-day moving average price of GBX 135.14 and a two-hundred day moving average price of GBX 132.12. The stock has a market cap of £106.53 million, a P/E ratio of 1,127.27 and a beta of 1.16.

Knights Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, September 27th. Shareholders of record on Thursday, August 29th will be issued a GBX 2.79 ($0.04) dividend. This represents a yield of 1.92%. The ex-dividend date is Thursday, August 29th. This is an increase from Knights Group’s previous dividend of $1.61. Knights Group’s dividend payout ratio (DPR) is currently 3,636.36%.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.