Ingenta (LON:ING) Trading Down 0.8%

Ingenta plc (LON:ING) was down 0.8% on Thursday . The stock traded as low as GBX 115 ($1.46) and last traded at GBX 117 ($1.48). Approximately 3,734 shares changed hands during trading, a decline of 79% from the average daily volume of 17,826 shares. The stock had previously closed at GBX 118 ($1.50).

Ingenta Price Performance

The business has a 50-day simple moving average of GBX 138.49 and a 200-day simple moving average of GBX 153.66. The company has a debt-to-equity ratio of 5.09, a quick ratio of 1.30 and a current ratio of 1.25. The company has a market cap of £17.01 million, a price-to-earnings ratio of 731.25 and a beta of 0.19.

Ingenta Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 19th. Stockholders of record on Thursday, June 13th will be issued a GBX 2.60 ($0.03) dividend. This represents a dividend yield of 1.77%. This is a positive change from Ingenta’s previous dividend of $1.50. The ex-dividend date of this dividend is Thursday, June 13th. Ingenta’s dividend payout ratio (DPR) is presently 2,500.00%.

Insider Transactions at Ingenta

In related news, insider Sebastian White sold 100,000 shares of the stock in a transaction on Friday, May 31st. The stock was sold at an average price of GBX 140 ($1.78), for a total value of £140,000 ($177,597.36). Corporate insiders own 46.33% of the company’s stock.

Ingenta Company Profile

Ingenta plc, together with its subsidiaries, provides content management, advertising, and commercial enterprise solutions and services in the United Kingdom and internationally. The company offers applications designed to manage intellectual property assets and published content for print and digital products, such as royalty calculation, online sales and marketing, digital and print distribution, product, and subscription management.