Rathbones Group (LON:RAT) Stock Crosses Above Two Hundred Day Moving Average of $1,722.83

Rathbones Group Plc (LON:RAT)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,722.83 ($23.04) and traded as high as GBX 1,798 ($24.05). Rathbones Group shares last traded at GBX 1,790 ($23.94), with a volume of 91,115 shares.

Wall Street Analyst Weigh In

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

Rathbones Group Stock Performance

The stock has a market capitalization of £1.54 billion, a PE ratio of 2,934.43, a P/E/G 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 firm has a 50 day moving average of GBX 1,814.78 and a 200-day moving average of GBX 1,724.59.

Rathbones Group Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Thursday, September 5th will be given a GBX 30 ($0.40) dividend. This represents a dividend yield of 1.68%. This is a positive change from Rathbones Group’s previous dividend of $24.00. The ex-dividend date is Thursday, September 5th. Rathbones Group’s dividend payout ratio is 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.