National Tyre & Wheel Ltd (ASX:NTD) shares were down 100% on Wednesday . The stock traded as low as A$0.25 ($0.18) and last traded at A$0.25 ($0.18), approximately 35,872 shares changed hands during mid-day trading. The stock had previously closed at A$820,047.00 ($581,593.62).
The company’s fifty day moving average price is A$0.32 and its two-hundred day moving average price is A$0.39. The company has a current ratio of 2.46, a quick ratio of 0.98 and a debt-to-equity ratio of 34.09. The firm has a market cap of $25.72 million and a P/E ratio of 4.90.
The business also recently declared a Interim dividend, which was paid on Monday, March 23rd. Investors of record on Monday, March 23rd were given a dividend of $0.013 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a yield of 3.42%. National Tyre & Wheel’s dividend payout ratio (DPR) is 58.82%.
National Tyre & Wheel Limited distributes and markets motor vehicle tires, wheels, tubes, and related products for 4WD, SUV, van, truck, caravan, trailer, and passenger cars in Australia, New Zealand, and South Africa. The company was incorporated in 2001 and is based in Moorooka, Australia.
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