Knights Group (LON:KGH) Shares Up 8%

Knights Group Holdings plc (LON:KGH) shares shot up 8% during trading on Friday . The company traded as high as GBX 129.63 ($1.64) and last traded at GBX 128 ($1.62). 221,688 shares changed hands during mid-day trading, an increase of 63% from the average session volume of 135,895 shares. The stock had previously closed at GBX 118.50 ($1.50).

Knights Group Price Performance

The stock has a market cap of £109.84 million, a PE ratio of 1,163.64 and a beta of 1.13. The company has a debt-to-equity ratio of 90.37, a current ratio of 1.13 and a quick ratio of 2.10. The business has a fifty day moving average of GBX 126.02 and a 200 day moving average of GBX 108.16.

Knights Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 15th were issued a GBX 1.61 ($0.02) dividend. This represents a dividend yield of 1.34%. The ex-dividend date of this dividend was Thursday, February 15th. Knights Group’s dividend payout ratio (DPR) is 3,636.36%.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.