Conviviality PLC (CVR) Hits New 1-Year High at $421.75
Shares of Conviviality PLC (LON:CVR) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 421.75 ($5.59) and last traded at GBX 419 ($5.56), with a volume of 110,518 shares. The stock had previously closed at GBX 412 ($5.46).
Separately, Shore Capital reissued a “buy” rating on shares of Conviviality PLC in a research report on Monday, July 17th.
The firm’s market cap is GBX 726.48 million. The firm’s 50-day moving average price is GBX 399.93 and its 200 day moving average price is GBX 337.87.
The company also recently announced a dividend, which will be paid on Thursday, October 5th. Shareholders of record on Thursday, September 7th will be paid a GBX 8.40 ($0.11) dividend. The ex-dividend date is Thursday, September 7th. This represents a yield of 2.52%. This is an increase from Conviviality PLC’s previous dividend of $4.20.
In other news, insider Diana Hunter sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, July 19th. The stock was sold at an average price of GBX 337 ($4.47), for a total transaction of £101,100 ($134,102.67).
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Conviviality PLC Company Profile
Conviviality Plc is a wholesaler and distributor of alcohol and impulse products serving consumers through its franchised retail outlets or through hospitality and food service. The Company’s activities consist of the wholesale and retail distribution of beers, wines, spirits, tobacco, grocery and confectionery within the United Kingdom to both the on-trade and off-trade market.
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