AIREA (LON:AIEA) Trading Up 1.7%

AIREA plc (LON:AIEA)’s stock price shot up 1.7% during mid-day trading on Thursday . The stock traded as high as GBX 33.50 ($0.42) and last traded at GBX 33.50 ($0.42). 15,000 shares were traded during trading, a decline of 36% from the average session volume of 23,503 shares. The stock had previously closed at GBX 32.95 ($0.41).

AIREA Price Performance

The firm has a 50 day moving average of GBX 30.40 and a 200-day moving average of GBX 27.13. The company has a current ratio of 2.91, a quick ratio of 1.66 and a debt-to-equity ratio of 14.48. The company has a market cap of £13.85 million, a P/E ratio of 1,116.67 and a beta of 1.05.

AIREA Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 20th. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 0.55 ($0.01) per share. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 1.86%. This is a boost from AIREA’s previous dividend of $0.50. AIREA’s dividend payout ratio (DPR) is presently 3,333.33%.

AIREA Company Profile

AIREA plc, together with its subsidiaries, engages in the designing and manufacture of floor coverings in the United Kingdom and internationally. The company offers carpet tiles and planks for architects, specifiers and contractors in the education, leisure, commercial, healthcare, and public sectors under the Burmatex brand name.