AudioCodes (NASDAQ:AUDC) spotted trading -23.60% off 52-week high price. On the other end, the stock has been noted 75.32% away from the low price over the last 52-weeks. The stock changed 3.88% to recent value of $21.95. The stock transacted 512976 shares during most recent day however it has an average volume of 328.95K shares. The company has 31.46M of outstanding shares and 21.05M shares were floated in the market.
On Feb. 4, 2020, AudioCodes (NASDAQ:AUDC) a leading vendor of advanced voice networking and media processing solutions for the digital workplace, reported that its Board of Directors has decided on a semi-annual dividend. The Board of Directors declared a cash dividend in the amount of 13 Cents per share and in the aggregate amount of approximately US$ 3.86 million. The amount and timing of any additional dividend will be determined by the Board.
The dividend is payable on March 4, 2020 to all of the Company’s shareholders of record at the close of trading on the NASDAQ Global Select Market on February 18, 2020.
In accordance with Israeli tax law, the dividend is subject to withholding tax at source at the rate of 30% (if the recipient of the dividend is at the time of distribution or was at any time during the preceding 12-month period the holder of 10% or more of the Company’s share capital) or 25% (for all other dividend recipients) of the dividend amount payable to each shareholder of record, subject to applicable exemptions.
The dividend will be paid in US dollars on the ordinary shares of AudioCodes Ltd. that are traded on the Nasdaq Global Select Market or the Tel-Aviv Stock Exchange.
Its earnings per share (EPS) expected to touch remained -71.10% for this year while earning per share for the next 5-years is expected to reach at 25.00%. AUDC has a gross margin of 47.40% and an operating margin of -4.80% while its profit margin remained 2.00% for the last 12 months.
According to the most recent quarter its current ratio was 1.4 that represents company’s ability to meet its current financial obligations. The price moved ahead of -14.82% from the mean of 20 days, -12.30% from mean of 50 days SMA and performed 13.23% from mean of 200 days price. Company’s performance for the week was -10.04%, -14.29% for month and YTD performance remained -14.56%.
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