NIOX Group (LON:NIOX) Hits New 1-Year High After Dividend Announcement

Posted by on Jun 8th, 2023

NIOX Group Plc (LON:NIOX – Get Rating)’s share price hit a new 52-week high during mid-day trading on Wednesday after the company announced a dividend. The company traded as high as GBX 65 ($0.81) and last traded at GBX 64.40 ($0.80), with a volume of 204619 shares. The stock had previously closed at GBX 62.40 ($0.78).

The newly announced dividend which will be paid on Friday, September 15th. Investors of record on Thursday, August 17th will be paid a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 4.01%. The ex-dividend date is Thursday, August 17th.

NIOX Group Price Performance

The company’s 50 day simple moving average is GBX 51.33 and its 200 day simple moving average is GBX 44.26. The stock has a market cap of £270.21 million, a P/E ratio of 2,146.67 and a beta of 1.20. The company has a debt-to-equity ratio of 1.22, a current ratio of 3.41 and a quick ratio of 1.94.

Insider Buying and Selling

In other NIOX Group news, insider Jonathan Emms sold 227,439 shares of the stock in a transaction dated Tuesday, March 28th. The stock was sold at an average price of GBX 44 ($0.55), for a total value of £100,073.16 ($124,407.21). 61.01% of the stock is currently owned by company insiders.

NIOX Group Company Profile

(Get Rating)

NIOX Group Plc, a diagnostics and management company, provides point-of-care fractional exhaled nitric oxide (FeNo) diagnosis and management products worldwide. Its products include NIOX VERO, a portable system for the non-invasive measurement of nitric oxide in human breath. The company was formerly known as Circassia Group Plc and changed its name to NIOX Group Plc in September 2022.

Featured Articles

Receive News & Ratings for NIOX Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NIOX Group and related companies with MarketBeat.com's FREE daily email newsletter.