Castings PLC (LON:CGS) announced a dividend on Friday, November 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 21st will be paid a dividend of GBX 3.48 ($0.05) per share on Thursday, January 2nd. This represents a yield of 0.91%. The ex-dividend date of this dividend is Thursday, November 21st. The official announcement can be seen at this link.
LON:CGS traded up GBX 5 ($0.07) during trading hours on Friday, reaching GBX 382 ($4.99). 7,339 shares of the company’s stock were exchanged, compared to its average volume of 2,096. The company has a market capitalization of $165.50 million and a P/E ratio of 15.16. Castings has a 12 month low of GBX 341 ($4.46) and a 12 month high of GBX 452 ($5.91). The business’s 50-day simple moving average is GBX 380.16 and its two-hundred day simple moving average is GBX 397.40.
Separately, Peel Hunt reduced their target price on shares of Castings from GBX 520 ($6.79) to GBX 480 ($6.27) and set a “buy” rating for the company in a report on Tuesday, September 3rd.
Castings Company Profile
Castings P.L.C. engages in iron casting and machining activities. It operates through Foundry Operations and Machining segments. The company offers ductile iron castings, spheroidal graphite (SG) iron castings, austempered ductile iron castings, simo castings, Ni-resist castings, and grey iron castings, as well as aluminum castings.
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