Cairn Homes (LON:CRN) Shares Pass Above Fifty Day Moving Average of $133.78

Posted by Steven Smith on May 4th, 2024

Cairn Homes plc (LON:CRN – Get Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 133.78 ($1.68) and traded as high as GBX 139.37 ($1.75). Cairn Homes shares last traded at GBX 138.80 ($1.74), with a volume of 607,604 shares.

Cairn Homes Trading Up 1.3 %

The firm has a market cap of £910.46 million, a P/E ratio of 1,278.18 and a beta of 1.06. The company has a debt-to-equity ratio of 23.81, a quick ratio of 0.22 and a current ratio of 8.88. The firm has a fifty day moving average of GBX 134.27 and a 200-day moving average of GBX 120.16.

Cairn Homes Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 17th. Shareholders of record on Thursday, April 25th will be paid a €0.03 ($0.03) dividend. This represents a yield of 2.15%. This is a boost from Cairn Homes’s previous dividend of $0.03. The ex-dividend date of this dividend is Thursday, April 25th. Cairn Homes’s dividend payout ratio (DPR) is presently 4,545.45%.

Insider Activity

In related news, insider Michael Stanley sold 128,333 shares of the stock in a transaction dated Friday, April 5th. The shares were sold at an average price of GBX 158 ($1.98), for a total value of £202,766.14 ($254,699.33). Corporate insiders own 16.54% of the company’s stock.

Cairn Homes Company Profile

(Get Free Report)

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company involved in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.