Craneware plc (LON:CRW) Announces Dividend Increase – GBX 16 Per Share

Craneware plc (LON:CRW) declared a dividend on Tuesday, September 3rd,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 28th will be given a dividend of GBX 16 ($0.20) per share on Wednesday, December 18th. This represents a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, November 28th. This is a positive change from Craneware’s previous dividend of $13.00. The official announcement can be seen at this link.

Craneware Stock Performance

LON:CRW opened at GBX 2,357 ($29.60) on Tuesday. The firm has a market cap of £832.96 million, a PE ratio of 9,153.85 and a beta of 0.28. Craneware has a fifty-two week low of GBX 1,620 ($20.35) and a fifty-two week high of GBX 2,509.20 ($31.51). The company has a debt-to-equity ratio of 12.22, a quick ratio of 1.00 and a current ratio of 0.63. The business has a 50 day moving average price of GBX 2,066.57 and a 200-day moving average price of GBX 2,223.09.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,700 ($33.91) price target on shares of Craneware in a research note on Tuesday, September 3rd.

Insider Activity

In other news, insider Keith Neilson sold 423,750 shares of the firm’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of GBX 2,200 ($27.63), for a total transaction of £9,322,500 ($11,708,741.52). Company insiders own 19.28% of the company’s stock.

Craneware Company Profile

Craneware plc, together with its subsidiaries, develops, licenses, and supports computer software for the healthcare industry in the United States. The company provides solutions, such as Trisus pricing transparency software; Trisus Pricing Analyzer, a solution that simplifies and automates the price modeling process; Trisus Chargemaster, an automated chargemaster management solution; InSight Medical Necessity, a solution that offers medical necessity for the United States payors; Trisus Claims Informatics, a retrospective charge capture analytical application that identifies areas of risk for its team to investigate; Trisus Supply, a solution that improves supplies reimbursement; and InSight Audit, an audit management solution for government and commercial payors.