GYM Group PLC (GYM) Plans Dividend of GBX 0.95
GYM Group PLC (LON:GYM) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 23rd will be paid a dividend of GBX 0.95 ($0.01) per share on Friday, June 14th. This represents a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, May 23rd. This is a positive change from GYM Group’s previous dividend of $0.35. The official announcement can be accessed at this link.
Shares of GYM Group stock traded up GBX 10.50 ($0.14) on Tuesday, reaching GBX 213 ($2.78). 1,555,713 shares of the company were exchanged, compared to its average volume of 119,318. GYM Group has a 1-year low of GBX 185 ($2.42) and a 1-year high of GBX 344.50 ($4.50). The company has a market cap of $296.29 million and a PE ratio of 42.60. The company has a debt-to-equity ratio of 29.10, a quick ratio of 0.73 and a current ratio of 0.73.
A number of equities analysts recently issued reports on GYM shares. Berenberg Bank lowered their price target on GYM Group from GBX 370 ($4.83) to GBX 330 ($4.31) and set a “buy” rating for the company in a report on Thursday, January 17th. Liberum Capital reaffirmed a “buy” rating on shares of GYM Group in a report on Tuesday, January 15th. Peel Hunt reiterated a “buy” rating on shares of GYM Group in a research note on Friday. Royal Bank of Canada reduced their price objective on GYM Group from GBX 350 ($4.57) to GBX 320 ($4.18) and set an “outperform” rating for the company in a research note on Wednesday, January 16th. Finally, Barclays reiterated an “overweight” rating and issued a GBX 380 ($4.97) price objective on shares of GYM Group in a research note on Monday, November 19th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 319.67 ($4.18).
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The Gym Group plc operates health and fitness facilities in the United Kingdom. As of March 20, 2018, it operated 130 gyms. The company was founded in 2007 and is based in Croydon, the United Kingdom.
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