Fonix Mobile (LON:FNX) Trading 2.1% Higher

Fonix Mobile plc (LON:FNX)’s stock price traded up 2.1% during trading on Wednesday . The stock traded as high as GBX 250 ($3.09) and last traded at GBX 247.50 ($3.06). 178,791 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 318,539 shares. The stock had previously closed at GBX 242.50 ($3.00).

Fonix Mobile Stock Up 2.1 %

The stock’s 50-day moving average price is GBX 246.76 and its two-hundred day moving average price is GBX 226.77. The stock has a market capitalization of £247.20 million, a P/E ratio of 2,475.00 and a beta of 0.69. The company has a current ratio of 1.14, a quick ratio of 1.16 and a debt-to-equity ratio of 3.05.

Fonix Mobile Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 2nd. Investors of record on Thursday, March 21st were issued a GBX 2.60 ($0.03) dividend. This represents a yield of 1.07%. The ex-dividend date was Thursday, March 21st. Fonix Mobile’s dividend payout ratio (DPR) is presently 7,000.00%.

About Fonix Mobile

Fonix Mobile plc provides mobile payments and messaging, and managed services for media, charity, gaming, ticketing, mobility, and other digital service businesses in the United Kingdom. It offers carrier and SMS billing, and voice services. The company also provides payment APIs for mobile operated payments, checkout services, campaign manager platform, messaging APIs for SMS delivery, and data verification services.