Hyve Group (LON:HYVE) Earns “Add” Rating from Peel Hunt

Peel Hunt reiterated their add rating on shares of Hyve Group (LON:HYVE) in a research report released on Tuesday morning, Stock Target Advisor reports.

Shares of LON HYVE opened at GBX 84 ($1.10) on Tuesday. The company has a market cap of $622.96 million and a P/E ratio of -93.33. The business’s 50 day simple moving average is GBX 80.81. The company has a debt-to-equity ratio of 44.28, a current ratio of 0.67 and a quick ratio of 0.51. Hyve Group has a 12 month low of GBX 73 ($0.95) and a 12 month high of GBX 88 ($1.15).

The firm also recently declared a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 2nd will be issued a dividend of GBX 1.60 ($0.02) per share. This represents a yield of 1.97%. The ex-dividend date of this dividend is Thursday, January 2nd. Hyve Group’s dividend payout ratio (DPR) is -2.22%.

About Hyve Group

Hyve Group Plc organizes trade exhibitions and conferences worldwide. The company serves various industrial sectors, such as building and interiors; food, drink, and hospitality; oil, gas, and energy; travel and tourism; transportation and logistics; security and protection; fashion, clothing, and textiles; engineering and industrial; electronic and electrical technology; healthcare and medical; mining; beauty and cosmetics; automotive; construction and machinery; paper, print, and packaging; agriculture; aerospace; books and publishing; business services; chemicals and coatings; cleaning and hygiene; education and careers; furniture; food ingredients and technology; IT and telecoms; jewelry; leisure and work boats; lighting; plastics; real estate; sport and leisure; and woodworking and forestry.

Further Reading: Monthly Dividend Stocks

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