Chemring Group PLC (CHG.L) (LON:CHG) Shares Gap Up to $301.00

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Chemring Group PLC (CHG.L) (LON:CHG)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $301.00, but opened at $316.00. Chemring Group PLC (CHG.L) shares last traded at $295.00, with a volume of 158,732 shares changing hands.

The company has a fifty day simple moving average of GBX 276.97 and a 200-day simple moving average of GBX 256.83. The company has a quick ratio of 0.66, a current ratio of 1.51 and a debt-to-equity ratio of 19.08. The firm has a market cap of £833.87 million and a P/E ratio of 24.29.

The business also recently declared a dividend, which will be paid on Friday, April 23rd. Shareholders of record on Thursday, April 1st will be issued a dividend of GBX 2.60 ($0.03) per share. This represents a yield of 0.87%. The ex-dividend date of this dividend is Thursday, April 1st. This is a positive change from Chemring Group PLC (CHG.L)’s previous dividend of $1.30. Chemring Group PLC (CHG.L)’s payout ratio is currently 33.33%.

About Chemring Group PLC (CHG.L) (LON:CHG)

Chemring Group PLC supplies countermeasures, sensors, and energetic solutions to aerospace, defense, and security industries in the United States, the United Kingdom, Norway, and Australia. The company operates through two segments, Sensors & Information and Countermeasures & Energetics. The Sensors & Information segment develops and manufactures explosive hazard detection equipment; chemical and biological threat detection equipment; and electronic countermeasures, as well as network protection technologies.

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