Fonix Mobile (LON:FNX) Shares Down 0.2% – Here’s What Happened

Fonix Mobile plc (LON:FNX) dropped 0.2% on Friday . The stock traded as low as GBX 234 ($2.95) and last traded at GBX 235.50 ($2.97). Approximately 93,555 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 199,721 shares. The stock had previously closed at GBX 236 ($2.97).

Fonix Mobile Trading Down 0.2 %

The company has a quick ratio of 1.16, a current ratio of 1.17 and a debt-to-equity ratio of 2.45. The firm has a market capitalization of £233.10 million, a price-to-earnings ratio of 2,140.91 and a beta of 0.67. The business has a 50-day moving average of GBX 233.47 and a two-hundred day moving average of GBX 236.43.

Fonix Mobile Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be issued a dividend of GBX 5.70 ($0.07) per share. This represents a dividend yield of 2.45%. The ex-dividend date is Thursday, November 21st. This is a positive change from Fonix Mobile’s previous dividend of $2.60. Fonix Mobile’s dividend payout ratio (DPR) is presently 6,363.64%.

About Fonix Mobile

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.