Cairn Homes (LON:CRN) Reaches New 1-Year High at $142.32

Cairn Homes plc (LON:CRN)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 142.32 ($1.79) and last traded at GBX 142.32 ($1.79), with a volume of 55048 shares trading hands. The stock had previously closed at GBX 140.60 ($1.77).

Cairn Homes Stock Up 0.6 %

The company has a market cap of £907.87 million, a price-to-earnings ratio of 1,267.27 and a beta of 1.06. The stock’s 50-day moving average is GBX 135.04 and its 200-day moving average is GBX 121.20. 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 Increases Dividend

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

Insider Transactions at Cairn Homes

In related news, insider Michael Stanley sold 128,333 shares of the business’s stock in a transaction dated Friday, April 5th. The stock was sold at an average price of GBX 158 ($1.98), for a total value of £202,766.14 ($254,731.33). Insiders own 16.54% of the company’s stock.

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.