Shoe Zone (LON:SHOE) Stock Price Passes Below 200-Day Moving Average of $193.87

Shoe Zone plc (LON:SHOE) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 193.87 ($2.48) and traded as low as GBX 142.75 ($1.82). Shoe Zone shares last traded at GBX 147.50 ($1.88), with a volume of 33,857 shares.

Shoe Zone Price Performance

The company has a current ratio of 1.24, a quick ratio of 0.49 and a debt-to-equity ratio of 131.15. The company has a fifty day moving average price of GBX 150.99 and a two-hundred day moving average price of GBX 193.17. The firm has a market capitalization of £68.19 million, a PE ratio of 491.67 and a beta of 1.31.

Shoe Zone Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, August 14th. Investors of record on Thursday, July 11th were paid a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 1.35%. The ex-dividend date was Thursday, July 11th. Shoe Zone’s dividend payout ratio is currently 4,666.67%.

About Shoe Zone

Shoe Zone plc operates as a footwear retailer in the United Kingdom. It offers shoes for men, women, boys, and girls. It offers its product through stores and a website, shoezone.com. The company was incorporated in 2014 and is based in Leicester, the United Kingdom.