Gale Pacific (ASX:GAP) Shares Down 3.2%

Gale Pacific Limited (ASX:GAP) shares traded down 3.2% on Monday . The company traded as low as A$0.30 ($0.21) and last traded at A$0.30 ($0.21), 881,889 shares traded hands during mid-day trading. The stock had previously closed at A$0.31 ($0.22).

The company has a debt-to-equity ratio of 45.18, a current ratio of 2.23 and a quick ratio of 1.22. The stock has a market capitalization of $84.67 million and a PE ratio of 9.38. The stock’s 50 day simple moving average is A$0.32 and its two-hundred day simple moving average is A$0.32.

The business also recently announced a Final dividend, which will be paid on Tuesday, October 8th. Shareholders of record on Tuesday, October 8th will be paid a $0.01 dividend. This represents a yield of 3.33%. The ex-dividend date of this dividend is Monday, September 23rd. Gale Pacific’s payout ratio is 62.50%.

Gale Pacific Company Profile (ASX:GAP)

Gale Pacific Limited, together with its subsidiaries, manufactures, markets, and distributes screening, shading, and home improvement products for domestic, commercial, and industrial applications primarily in Australasia, China, the Americas, the Middle East, North Africa, and internationally. The company offers fabrics for agricultural, architectural, industrial, horticultural, mining, and construction applications under the GALE Pacific brand name; and mining and outdoor leisure and garden products, such as shade fabrics, exterior window shades, gazebos, umbrellas, shade sails, synthetic grass, weed mats, and bird net products for crop protection, irrigation, water storage, and screening applications under the Coolaroo brand name.

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