Fonix Mobile (LON:FNX) Stock Price Up 2%

Fonix Mobile plc (LON:FNXGet Free Report)’s stock price shot up 2% during trading on Tuesday . The stock traded as high as GBX 265 ($3.33) and last traded at GBX 257.50 ($3.23). 79,214 shares traded hands during trading, a decline of 14% from the average session volume of 92,476 shares. The stock had previously closed at GBX 252.50 ($3.17).

Fonix Mobile Price Performance

The firm has a market capitalization of £257.19 million, a price-to-earnings ratio of 2,575.00 and a beta of 0.69. The company has a current ratio of 1.14, a quick ratio of 1.16 and a debt-to-equity ratio of 3.05. The business has a 50-day moving average price of GBX 245.76 and a two-hundred day moving average price of GBX 221.87.

Fonix Mobile Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 2nd. Investors of record on Thursday, March 21st were given a GBX 2.60 ($0.03) dividend. This represents a yield of 1.07%. The ex-dividend date was Thursday, March 21st. Fonix Mobile’s dividend payout ratio is currently 7,000.00%.

About Fonix Mobile

(Get Free Report)

Fonix Mobile plc provides mobile payments and messaging, and managed services for media, charity, gaming, ticketing, mobility, and other digital service businesses in the United Kingdom. It offers carrier and SMS billing, and voice services. The company also provides payment APIs for mobile operated payments, checkout services, campaign manager platform, messaging APIs for SMS delivery, and data verification services.

Further Reading

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