|Bid||107.00 x 0|
|Ask||109.50 x 0|
|Day's range||106.96 - 110.00|
|52-week range||32.80 - 291.13|
|Beta (5Y monthly)||2.11|
|PE ratio (TTM)||23.94|
|Earnings date||21 Jan 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||05 Mar 2020|
|1y target est||367.00|
The Joules (LON:JOUL) share price has risen by 8.91% over the past month and it’s currently trading at 107.2501. For investors considering whether to buy, hold...
Joules warned that the pandemic will hit its near-term profitability and said it was reducing its expenditures by cutting non-critical costs and spending. The company said cancelling its dividend will save it 700,000 pounds ($808,220.00) of cash, adding that it has 16 million pounds cash headroom and a "strong relationship" with its bank, Barclays, as well as with its founder and major shareholder, Tom Joule. "We strongly echo the position of the British Retail Consortium and other senior retail leaders that more urgent action is needed to provide support to those working in retail during these challenging and uncertain times," the company said.
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The retailer said it would instead focus on a turnaround plan, shutting shops, investing in online, and pushing its clothing in overseas markets.
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