Ferguson (LON:FERG) Stock Price Down 1.6% – What’s Next?

Ferguson plc (LON:FERG) shares traded down 1.6% during mid-day trading on Tuesday . The company traded as low as £148.50 ($192.58) and last traded at £149.60 ($194.01). 90,583 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 163,079 shares. The stock had previously closed at £152 ($197.12).

Ferguson Price Performance

The company has a market capitalization of £30.75 billion, a PE ratio of 2,308.98, a price-to-earnings-growth ratio of 2.57 and a beta of 1.21. The company has a debt-to-equity ratio of 98.24, a current ratio of 1.80 and a quick ratio of 0.83. The company’s 50 day simple moving average is £151.91 and its 200 day simple moving average is £158.98.

Ferguson Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, November 8th. Investors of record on Friday, September 27th will be paid a dividend of $0.79 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a yield of 0.39%. Ferguson’s dividend payout ratio is currently 3,592.09%.

About Ferguson

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.