ARB (ASX:ARB) Trading Down 0.4%
ARB Co. Limited (ASX:ARB) shares traded down 0.4% on Friday . The stock traded as low as A$18.88 ($13.39) and last traded at A$19.06 ($13.52), 330,777 shares were traded during trading. An increase of 99% from the average session volume of 165,878 shares. The stock had previously closed at A$19.14 ($13.57).
The firm has a 50-day simple moving average of A$18.14 and a two-hundred day simple moving average of A$17.91. The company has a market capitalization of $1.52 billion and a price-to-earnings ratio of 26.51. The company has a current ratio of 3.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.77.
The business also recently declared a Final dividend, which will be paid on Friday, October 18th. Shareholders of record on Friday, October 18th will be given a dividend of $0.21 per share. This represents a yield of 1.12%. The ex-dividend date of this dividend is Thursday, October 3rd. ARB’s dividend payout ratio is currently 55.63%.
ARB Corporation Limited designs, manufactures, distributes, and sells motor vehicle accessories and light metal engineering works in Australia, the United States, Thailand, the Middle East, and Europe. The company provides bull bars and protection equipment, including summit, alloy, deluxe, and commercial bull bars, as well as summit and deluxe sahara bars; and nudge and smart bars.
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