Rathbones Group (LON:RAT) Share Price Passes Above 200 Day Moving Average of $1,692.47

Rathbones Group Plc (LON:RAT)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,692.47 ($22.32) and traded as high as GBX 1,886 ($24.87). Rathbones Group shares last traded at GBX 1,886 ($24.87), with a volume of 349,954 shares changing hands.

Analyst Upgrades and Downgrades

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

Rathbones Group Price Performance

The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. The firm has a market capitalization of £1.71 billion, a price-to-earnings ratio of 3,091.80, a P/E/G ratio of -26.52 and a beta of 0.65. The company’s 50 day moving average is GBX 1,800.67 and its 200-day moving average is GBX 1,692.47.

Rathbones Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Thursday, September 5th will be paid a dividend of GBX 30 ($0.40) per share. This is an increase from Rathbones Group’s previous dividend of $24.00. This represents a dividend yield of 1.68%. The ex-dividend date of this dividend is Thursday, September 5th. Rathbones Group’s payout ratio is currently 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.