Webjet Limited (ASX:WEB) traded down 1.6% during trading on Friday . The stock traded as low as A$12.02 ($8.52) and last traded at A$12.02 ($8.52), 910,385 shares changed hands during mid-day trading. An increase of 26% from the average session volume of 722,472 shares. The stock had previously closed at A$12.22 ($8.67).
The company has a 50 day moving average of A$13.10 and a 200 day moving average of A$14.51. The company has a debt-to-equity ratio of 34.10, a quick ratio of 0.90 and a current ratio of 0.94. The firm has a market cap of $1.63 billion and a P/E ratio of 25.68.
The business also recently declared a Final dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th will be issued a $0.135 dividend. This represents a dividend yield of 1.04%. The ex-dividend date of this dividend is Wednesday, September 18th. Webjet’s payout ratio is currently 57.69%.
Webjet Limited provides online travel booking services in Australia, New Zealand, Europe, and internationally. It operates through Business to Consumer Travel and Business to Business Travel segments. The company enables its customers to compare, combine, and book domestic and international air travel, hotel accommodations, holiday packages, travel insurances, rental cars, motorhomes, and cruises, as well as offers digital marketing consultancy services.
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