GR Engineering Services (ASX:GNG) Trading 5.6% Higher

GR Engineering Services Ltd (ASX:GNG) shares traded up 5.6% on Wednesday . The company traded as high as A$0.75 ($0.53) and last traded at A$0.75 ($0.53), 80,592 shares traded hands during trading. The stock had previously closed at A$0.71 ($0.50).

The stock’s fifty day moving average is A$0.81 and its two-hundred day moving average is A$0.86. The firm has a market capitalization of $115.22 million and a price-to-earnings ratio of -15.63. The company has a debt-to-equity ratio of 14.58, a quick ratio of 1.33 and a current ratio of 1.41.

The company also recently declared a Interim dividend, which was paid on Friday, April 3rd. Investors of record on Friday, April 3rd were issued a dividend of $0.02 per share. This represents a yield of 2.15%. The ex-dividend date of this dividend was Thursday, March 12th. GR Engineering Services’s payout ratio is -83.33%.

GR Engineering Services Company Profile (ASX:GNG)

GR Engineering Services Limited operates as an engineering, consulting, and contracting company that provides engineering design and construction services to the mining and mineral processing industries in Australia and internationally. The company operates through Mineral Processing, and Oil and Gas segments.

Recommended Story: What are different types of coverage ratios?

Receive News & Ratings for GR Engineering Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GR Engineering Services and related companies with MarketBeat.com's FREE daily email newsletter.