Supreme (LON:SUP) Shares Down 3.3% – Here’s What Happened

Supreme Plc (LON:SUP)’s stock price dropped 3.3% during trading on Monday . The company traded as low as GBX 180 ($2.20) and last traded at GBX 181.71 ($2.22). Approximately 140,043 shares were traded during trading, a decline of 38% from the average daily volume of 224,671 shares. The stock had previously closed at GBX 188 ($2.30).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Supreme in a report on Monday, December 2nd.

Supreme Stock Down 3.6 %

The company has a market capitalization of £205.78 million, a P/E ratio of 980.56 and a beta of 1.13. The company has a debt-to-equity ratio of 25.39, a current ratio of 2.11 and a quick ratio of 0.98. The company has a 50 day moving average of GBX 172.37 and a 200-day moving average of GBX 172.79.

Supreme Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, December 5th were given a GBX 1.80 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a dividend yield of 1.03%. Supreme’s dividend payout ratio is currently 2,777.78%.

Supreme Company Profile

Supreme supplies products across six categories; Batteries, Lighting, Vaping, Sports Nutrition and Wellness, Branded Distribution and Soft Drinks. The Company’s capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities.