Billington (LON:BILN) Shares Cross Below 200 Day Moving Average of $466.94

Billington Holdings Plc (LON:BILN) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 466.94 ($5.93) and traded as low as GBX 452.55 ($5.75). Billington shares last traded at GBX 490 ($6.23), with a volume of 71,850 shares.

Billington Price Performance

The company has a current ratio of 1.85, a quick ratio of 0.89 and a debt-to-equity ratio of 3.76. The business has a fifty day simple moving average of GBX 544.11 and a 200 day simple moving average of GBX 466.94. The stock has a market capitalization of £60.12 million, a P/E ratio of 620.25 and a beta of 0.68.

Billington Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Thursday, June 6th will be issued a GBX 33 ($0.42) dividend. The ex-dividend date is Thursday, June 6th. This is a positive change from Billington’s previous dividend of $15.50. This represents a dividend yield of 6.73%. Billington’s dividend payout ratio is currently 2,531.65%.

Insider Activity

In other news, insider Trevor Taylor sold 43,484 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of GBX 478 ($6.07), for a total value of £207,853.52 ($264,108.67). 51.65% of the stock is currently owned by corporate insiders.

About Billington

Billington Holdings Plc, through its subsidiaries, designs, manufactures, and installs structural steelworks in the United Kingdom and Europe. The company designs, fabricates, and installs bespoke steel staircases, balustrade systems, and secondary steelworks. It also provides safety solutions and barrier systems to the construction industry; edge protection and fall prevention systems; and site hoarding and branding systems.