Rathbones Group (LON:RAT) Stock Passes Above 200-Day Moving Average of $1,682.14

Rathbones Group Plc (LON:RAT)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,682.14 ($21.86) and traded as high as GBX 1,857 ($24.13). Rathbones Group shares last traded at GBX 1,846 ($23.99), with a volume of 82,598 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of Rathbones Group in a report on Wednesday, August 7th.

Rathbones Group Trading Down 0.4 %

The firm has a market capitalization of £1.67 billion, a price-to-earnings ratio of 3,013.11, a PEG ratio of -26.52 and a beta of 0.65. The company has a debt-to-equity ratio of 7.87, a quick ratio of 0.14 and a current ratio of 1.16. The company has a 50-day moving average price of GBX 1,787.61 and a 200-day moving average price of GBX 1,683.22.

Rathbones Group Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Thursday, September 5th will be issued a GBX 30 ($0.39) dividend. This is a boost from Rathbones Group’s previous dividend of $24.00. The ex-dividend date is Thursday, September 5th. This represents a dividend yield of 1.68%. Rathbones Group’s dividend payout ratio is presently 14,426.23%.

Rathbones Group Company Profile

Rathbones Group Plc, together with its subsidiaries, provides individual wealth management, asset management, and related services for private clients, charities, trustees, and professional partners in the United Kingdom, Channel Island, and internationally. The company operates through two segments, Wealth Management and Asset Management.