IPH (ASX:IPH) Trading Down 1%

IPH Ltd (ASX:IPH) traded down 1% during mid-day trading on Thursday . The company traded as low as A$8.15 ($5.78) and last traded at A$8.19 ($5.81), 457,191 shares were traded during trading. The stock had previously closed at A$8.27 ($5.87).

The firm has a market capitalization of $1.75 billion and a PE ratio of 30.67. The company has a debt-to-equity ratio of 24.63, a current ratio of 3.86 and a quick ratio of 3.74. The stock has a 50-day moving average price of A$8.66 and a 200-day moving average price of A$7.63.

The firm also recently announced a Final dividend, which was paid on Wednesday, September 18th. Stockholders of record on Wednesday, September 18th were given a dividend of $0.13 per share. This represents a dividend yield of 1.41%. The ex-dividend date of this dividend was Friday, August 23rd. IPH’s payout ratio is 97.38%.

In related news, insider Richard Grellman sold 21,449 shares of the business’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of A$9.38 ($6.65), for a total value of A$201,084.38 ($142,613.03).

About IPH (ASX:IPH)

IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products. It offers IP services related to the provision of filing, prosecution, enforcement, and management of patents, designs, trademarks, and other IP; and engages in the development and provision of IP data and analytics software under the subscription license model.

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