Insider Selling: Cairn Homes plc (LON:CRN) Insider Sells 128,333 Shares of Stock

Cairn Homes plc (LON:CRN) insider Michael Stanley sold 128,333 shares of the company’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of GBX 158 ($2.00), for a total value of £202,766.14 ($256,633.51).

Cairn Homes Price Performance

CRN traded up GBX 1.80 ($0.02) during trading hours on Wednesday, hitting GBX 138 ($1.75). The company’s stock had a trading volume of 234,540 shares, compared to its average volume of 865,550. The stock has a market cap of £889.96 million, a price-to-earnings ratio of 1,254.55 and a beta of 1.03. The business’s 50-day moving average price is GBX 129.76 and its 200-day moving average price is GBX 115.23. The company has a current ratio of 8.88, a quick ratio of 0.22 and a debt-to-equity ratio of 23.81. Cairn Homes plc has a 12 month low of GBX 86 ($1.09) and a 12 month high of GBX 141.40 ($1.79).

Cairn Homes Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 17th. Stockholders of record on Thursday, April 25th will be issued a €0.03 ($0.03) dividend. The ex-dividend date is Thursday, April 25th. This is an increase from Cairn Homes’s previous dividend of $0.03. This represents a dividend yield of 2.15%. Cairn Homes’s payout ratio is 4,545.45%.

About Cairn Homes

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company involved in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.