Hub24 (ASX:HUB) Stock Price Down 0.1%

Hub24 Ltd (ASX:HUB)’s stock price fell 0.1% during mid-day trading on Friday . The company traded as low as A$12.05 ($8.55) and last traded at A$12.22 ($8.67), 176,791 shares changed hands during trading. The stock had previously closed at A$12.23 ($8.67).

The business has a fifty day moving average of A$12.29 and a 200-day moving average of A$12.58. The stock has a market capitalization of $764.84 million and a price-to-earnings ratio of 108.14.

The company also recently announced a Final dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 18th were issued a dividend of $0.026 per share. This represents a yield of 0.2%. The ex-dividend date of this dividend was Monday, September 16th. Hub24’s payout ratio is currently 44.25%.

In other news, insider Bruce Higgins bought 10,000 shares of the stock in a transaction that occurred on Wednesday, August 28th. The shares were purchased at an average cost of A$11.27 ($7.99) per share, with a total value of A$112,700.00 ($79,929.08).

Hub24 Company Profile (ASX:HUB)

HUB24 Limited, together with its subsidiaries, provides solutions for the financial services industry in Australia. It operates through Platform, Licensee, and IT Services segments. The company develops and offers HUB24, an investment and superannuation platform, which is a portfolio administration service for financial advisers, stockbrokers, accountants, and their clients.

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