AIREA (LON:AIEA) Trading Up 1.7%

AIREA plc (LON:AIEAGet Free Report) shares were up 1.7% during trading on Thursday . The stock traded as high as GBX 33.50 ($0.42) and last traded at GBX 33.50 ($0.42). Approximately 15,000 shares were traded during trading, a decline of 36% from the average daily volume of 23,503 shares. The stock had previously closed at GBX 32.95 ($0.41).

AIREA Trading Down 1.5 %

The company’s 50 day moving average price is GBX 30.43 and its 200 day moving average price is GBX 27.17. The company has a market cap of £13.65 million, a price-to-earnings ratio of 1,067.00 and a beta of 1.05. The company has a debt-to-equity ratio of 14.48, a quick ratio of 1.66 and a current ratio of 2.91.

AIREA Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 20th. Stockholders of record on Thursday, April 18th will be paid a dividend of GBX 0.55 ($0.01) per share. This is a positive change from AIREA’s previous dividend of $0.50. The ex-dividend date is Thursday, April 18th. This represents a dividend yield of 1.86%. AIREA’s dividend payout ratio is 3,333.33%.

About AIREA

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AIREA plc, together with its subsidiaries, engages in the designing and manufacture of floor coverings in the United Kingdom and internationally. The company offers carpet tiles and planks for architects, specifiers and contractors in the education, leisure, commercial, healthcare, and public sectors under the Burmatex brand name.

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