Reef Casino Trust (ASX:RCT) Trading Down 0.9%

Reef Casino Trust (ASX:RCT) fell 0.9% on Tuesday . The company traded as low as A$2.28 ($1.62) and last traded at A$2.28 ($1.62), 438 shares traded hands during trading. The stock had previously closed at A$2.30 ($1.63).

The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 48.58. The stock has a market cap of $113.55 million and a PE ratio of 16.76. The business has a 50 day moving average price of A$2.49 and a 200 day moving average price of A$2.81.

The company also recently announced a Interim dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Wednesday, September 11th will be issued a dividend of $0.026 per share. This represents a dividend yield of 1.08%. The ex-dividend date is Thursday, June 27th. Reef Casino Trust’s dividend payout ratio (DPR) is 102.94%.

About Reef Casino Trust (ASX:RCT)

Reef Casino Trust owns and leases the Reef Hotel Casino complex located in Cairns, Australia. The company was founded in 1993 and is based in Cairns, Australia. Reef Casino Trust is a subsidiary of Reef Casino Investments Pty Ltd.

Further Reading: Channel Trading

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