Equals Group (LON:EQLS) Shares Down 1.6% – Here’s What Happened

Equals Group plc (LON:EQLS)’s stock price dropped 1.6% during trading on Tuesday . The stock traded as low as GBX 124 ($1.57) and last traded at GBX 124 ($1.57). Approximately 731,050 shares were traded during mid-day trading, an increase of 8% from the average daily volume of 678,436 shares. The stock had previously closed at GBX 126 ($1.60).

Equals Group Stock Performance

The company has a market capitalization of £233.78 million, a price-to-earnings ratio of 3,100.00 and a beta of 1.36. The company has a current ratio of 1.57, a quick ratio of 1.55 and a debt-to-equity ratio of 5.20. The stock has a 50-day simple moving average of GBX 116.98 and a 200-day simple moving average of GBX 116.13.

Equals Group Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, October 25th. Shareholders of record on Thursday, September 26th were paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date was Thursday, September 26th. This represents a yield of 0.88%. Equals Group’s dividend payout ratio (DPR) is 5,000.00%.

Equals Group Company Profile

Equals Group plc, through its subsidiaries, provides payment processing and banking services to private clients and corporations through prepaid currency cards, travel cash, international money transfers, and current accounts in the United Kingdom. The company offers Equals Money, a card payment platform; Equals Money Solutions, an enterprise scale-up of the Equals Money platform serving large corporate and financial institutions; and FairFX, a travel card and international payment product for individuals, international holidaymakers, and families.