Quiz (QUIZ) Trading Down 24.1% Following Analyst Downgrade

Quiz Plc (LON:QUIZ) shares fell 24.1% during trading on Friday after Peel Hunt lowered their price target on the stock from GBX 32 to GBX 25. Peel Hunt currently has a hold rating on the stock. Quiz traded as low as GBX 22.30 ($0.29) and last traded at GBX 27 ($0.35). 1,595,612 shares were traded during trading, an increase of 407% from the average session volume of 314,587 shares. The stock had previously closed at GBX 35.55 ($0.46).

Separately, Berenberg Bank reiterated a “hold” rating and set a GBX 80 ($1.05) price target on shares of Quiz in a report on Tuesday, October 9th.

The firm also recently disclosed a dividend, which will be paid on Thursday, March 14th. Investors of record on Thursday, February 14th will be given a dividend of GBX 0.40 ($0.01) per share. This represents a dividend yield of 0.92%. The ex-dividend date is Thursday, February 14th.

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About Quiz (LON:QUIZ)

QUIZ plc, through its subsidiaries, engages in the design and retail of ladies fashion clothing, footwear, and accessories under the QUIZ brand name. The company offers occasion wear, eveningwear, and dressy casual wear primarily for 16 to 35 year olds. It also provides menswear, such as shirts, blazers, denim, trousers, and smart outfits under the QUIZMAN brand name; and bags and jewelleries.

Further Reading: Fundamental Analysis and Individual Investors

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