Dr. Martens (LON:DOCS) Trading Up 2.6%

Dr. Martens plc (LON:DOCSGet Free Report) rose 2.6% during trading on Tuesday . The stock traded as high as GBX 94.30 ($1.18) and last traded at GBX 90.05 ($1.13). Approximately 1,903,694 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 1,157,518 shares. The stock had previously closed at GBX 87.75 ($1.10).

Dr. Martens Trading Up 2.6 %

The company has a 50 day moving average of GBX 89.80 and a 200 day moving average of GBX 102.05. The company has a debt-to-equity ratio of 143.48, a quick ratio of 1.13 and a current ratio of 2.44. The stock has a market capitalization of £866.15 million, a price-to-earnings ratio of 900.50, a P/E/G ratio of 9.98 and a beta of -0.02.

Dr. Martens Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 2nd. Shareholders of record on Thursday, January 4th were paid a GBX 1.56 ($0.02) dividend. This represents a dividend yield of 1.36%. The ex-dividend date of this dividend was Thursday, January 4th. Dr. Martens’s dividend payout ratio (DPR) is presently 6,000.00%.

About Dr. Martens

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Dr. Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. It offers originals, fusion, kids, and casual, as well as accessories. The company offers its products under the Dr. Martens brand name. Dr. Martens plc was founded in 1945 and is based in London, the United Kingdom.

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