Smart Metering Systems plc (LON:SMS) Insider Buys £264,500 in Stock

Smart Metering Systems plc (LON:SMS) insider Gail Blain bought 50,000 shares of Smart Metering Systems stock in a transaction dated Friday, March 22nd. The shares were bought at an average price of GBX 529 ($6.69) per share, for a total transaction of £264,500 ($334,260.08).

Smart Metering Systems Stock Performance

SMS stock opened at GBX 952 ($12.03) on Thursday. The company has a 50 day moving average price of GBX 949.59 and a 200 day moving average price of GBX 809.81. Smart Metering Systems plc has a fifty-two week low of GBX 574 ($7.25) and a fifty-two week high of GBX 971 ($12.27). The company has a debt-to-equity ratio of 14.30, a current ratio of 1.72 and a quick ratio of 1.40. The stock has a market capitalization of £1.27 billion, a PE ratio of 8,654.55, a price-to-earnings-growth ratio of 1.81 and a beta of 0.42.

Smart Metering Systems Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, January 25th. Stockholders of record on Thursday, January 4th were given a dividend of GBX 8.32 ($0.11) per share. The ex-dividend date was Thursday, January 4th. This represents a dividend yield of 1.24%. This is an increase from Smart Metering Systems’s previous dividend of $7.56. Smart Metering Systems’s payout ratio is presently 27,272.73%.

Smart Metering Systems Company Profile

Smart Metering Systems plc, together with its subsidiaries, operates as an integrated energy infrastructure company in the United Kingdom. It operates through three segments: Asset Management, Asset Installation, and Energy Management. The company owns, installs, and manages carbon reduction assets. It also engages in the regulated management of gas meters, electric meters, and ADM devices.