Fonix Mobile (LON:FNX) Issues Earnings Results

Fonix Mobile (LON:FNXGet Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 6.20 ($0.08) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fonix Mobile had a return on equity of 101.42% and a net margin of 14.03%.

Fonix Mobile Stock Down 3.8 %

FNX stock opened at GBX 175.99 ($2.29) on Thursday. The firm’s 50-day moving average is GBX 215.19 and its two-hundred day moving average is GBX 223.49. The company has a market capitalization of £174.20 million, a price-to-earnings ratio of 16.31 and a beta of 0.67. Fonix Mobile has a 52 week low of GBX 175 ($2.28) and a 52 week high of GBX 270 ($3.51). The company has a current ratio of 1.17, a quick ratio of 1.16 and a debt-to-equity ratio of 2.45.

Fonix Mobile Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, March 27th will be given a GBX 2.90 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a yield of 1.59%. Fonix Mobile’s dividend payout ratio is presently 64.86%.

Fonix Mobile Company Profile

(Get Free Report)

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.

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