Shore Capital Reiterates Hold Rating for Fulcrum Utility Services (LON:FCRM)

Shore Capital reissued their hold rating on shares of Fulcrum Utility Services (LON:FCRM) in a report released on Friday, September 20th, ThisIsMoney.Co.Uk reports.

Shares of Fulcrum Utility Services stock opened at GBX 23.75 ($0.31) on Friday. The business’s 50 day simple moving average is GBX 25.97 and its two-hundred day simple moving average is GBX 29.10. The stock has a market capitalization of $52.64 million and a P/E ratio of 5.94. Fulcrum Utility Services has a one year low of GBX 21 ($0.27) and a one year high of GBX 69 ($0.90).

The business also recently disclosed a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 1.50 ($0.02) per share. This is a boost from Fulcrum Utility Services’s previous dividend of $0.75. The ex-dividend date is Thursday, October 3rd. This represents a yield of 6.06%. Fulcrum Utility Services’s payout ratio is presently 0.50%.

About Fulcrum Utility Services

Fulcrum Utility Services Limited provides multi-utility infrastructure and related services in the United Kingdom. The company operates through three segments: Infrastructure Services, Gas Transportation, and Dunamis. It provides utility infrastructure and connections services, as well as gas transportation and meter asset management services; and engages in the pipeline business comprising the ownership of gas infrastructure assets and conveyance of gas through its gas transportation networks.

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