Sanderson Design Group (LON:SDG) Trading Down 3.6% – Here’s Why

Sanderson Design Group plc (LON:SDG)’s stock price was down 3.6% during mid-day trading on Monday . The company traded as low as GBX 66 ($0.85) and last traded at GBX 66 ($0.85). Approximately 1,197,284 shares were traded during trading, an increase of 604% from the average daily volume of 170,100 shares. The stock had previously closed at GBX 68.50 ($0.88).

Sanderson Design Group Price Performance

The stock has a market cap of £47.38 million, a P/E ratio of 600.00, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42. The firm has a 50-day moving average price of GBX 71.86 and a 200-day moving average price of GBX 87.06. The company has a debt-to-equity ratio of 5.95, a quick ratio of 1.74 and a current ratio of 3.33.

Sanderson Design Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 24th will be given a GBX 0.50 ($0.01) dividend. This represents a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, October 24th. Sanderson Design Group’s dividend payout ratio is currently 3,636.36%.

Sanderson Design Group Company Profile

Sanderson Design Group plc, together with its subsidiaries, designs, manufactures, markets, and distributes interior furnishings, fabrics, and wallpapers worldwide. The company operates in two segments, Brands and Manufacturing. The Brands segment designs, markets, sells, distributes, and licenses Sanderson, Morris & Co, Harlequin, Zoffany, Scion, Clarke & Clarke, and Archive by Sanderson Design brands.