RWS Holdings plc (LON:RWS – Get Free Report)’s stock price fell 41.5% during trading on Thursday . The company traded as low as GBX 66.82 ($0.89) and last traded at GBX 67.54 ($0.90). Approximately 13,359,497 shares traded hands during mid-day trading, an increase of 810% from the average session volume of 1,468,259 shares. The stock had previously closed at GBX 115.40 ($1.54).
Analysts Set New Price Targets
Separately, Shore Capital reissued an “under review” rating on shares of RWS in a report on Thursday.
View Our Latest Analysis on RWS
RWS Trading Up 2.8 %
RWS Increases Dividend
The firm also recently announced a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 16th were issued a dividend of GBX 9.80 ($0.13) per share. This is a boost from RWS’s previous dividend of $2.40. This represents a yield of 3.96%. The ex-dividend date of this dividend was Thursday, January 16th. RWS’s dividend payout ratio is currently -119.36%.
Insider Transactions at RWS
In related news, insider Benjamin Faes bought 1,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 24th. The shares were bought at an average cost of GBX 68 ($0.91) per share, with a total value of £680,000 ($905,459.39). Corporate insiders own 46.21% of the company’s stock.
About RWS
RWS Holdings plc is a unique, world-leading provider of technology-enabled language, content and intellectual property services. Through content transformation and multilingual data analysis, our unique combination of technology and cultural expertise helps our clients to grow by ensuring they are understood anywhere, in any language.
Our purpose is unlocking global understanding.
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