AIREA (LON:AIEA) Trading Up 1.7%

Shares of AIREA plc (LON:AIEA) shot up 1.7% on Thursday . The stock traded as high as GBX 33.50 ($0.42) and last traded at GBX 33.50 ($0.42). 15,000 shares were traded during mid-day trading, a decline of 36% from the average session volume of 23,503 shares. The stock had previously closed at GBX 32.95 ($0.41).

AIREA Price Performance

The business has a fifty day simple moving average of GBX 30.40 and a 200-day simple moving average of GBX 27.13. The stock has a market capitalization of £13.85 million, a P/E ratio of 1,116.67 and a beta of 1.05. The company has a debt-to-equity ratio of 14.48, a quick ratio of 1.66 and a current ratio of 2.91.

AIREA Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 20th. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 0.55 ($0.01) per share. This represents a yield of 1.86%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from AIREA’s previous dividend of $0.50. AIREA’s payout ratio is 3,333.33%.

AIREA Company Profile

AIREA plc, together with its subsidiaries, engages in the designing and manufacture of floor coverings in the United Kingdom and internationally. The company offers carpet tiles and planks for architects, specifiers and contractors in the education, leisure, commercial, healthcare, and public sectors under the Burmatex brand name.