Northamber (LON:NAR) Hits New 1-Year Low – Time to Sell?

Northamber plc (LON:NAR)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 27 ($0.34) and last traded at GBX 27 ($0.34), with a volume of 588 shares traded. The stock had previously closed at GBX 28 ($0.35).

Northamber Trading Down 0.7 %

The stock’s 50-day moving average price is GBX 30.60 and its 200-day moving average price is GBX 35.32. The stock has a market cap of £7.62 million, a price-to-earnings ratio of -1,390.00 and a beta of -0.10.

Northamber Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, January 17th. Shareholders of record on Thursday, December 12th will be given a dividend of GBX 0.30 ($0.00) per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 1.03%. Northamber’s dividend payout ratio (DPR) is currently -5,000.00%.

Insider Transactions at Northamber

In related news, insider Tony Lee bought 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The shares were bought at an average price of GBX 28 ($0.35) per share, for a total transaction of £280 ($353.40). Corporate insiders own 78.28% of the company’s stock.

About Northamber

Northamber plc, together with its subsidiaries, engages in the supply of computer hardware, computer printers and peripheral products, computer telephony products, and other electronic transmission equipment in the United Kingdom. The company offers audio visual products, such as collaboration and conferencing, connectivity and control, interactive displays, lighting, live solutions, professional audio and displays, projection, and security and thermal solutions; and computer accessories and components, dictation, disk and memory, laptop/desktop PCs, mice and keyboards, monitors, tablets and virtual desktop.