Rathbones Group (LON:RAT) Shares Pass Above 200 Day Moving Average of $1,705.41

Shares of Rathbones Group Plc (LON:RAT) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,705.41 ($22.30) and traded as high as GBX 1,780 ($23.28). Rathbones Group shares last traded at GBX 1,750 ($22.88), with a volume of 61,704 shares trading hands.

Wall Street Analyst Weigh In

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

Rathbones Group Trading Up 0.2 %

The firm has a market cap of £1.59 billion, a price-to-earnings ratio of 2,868.85, a PEG ratio of -26.52 and a beta of 0.65. The company has a fifty day moving average price of GBX 1,810.54 and a 200-day moving average price of GBX 1,705.41. The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87.

Rathbones Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, October 1st. Investors of record on Thursday, September 5th will be paid a GBX 30 ($0.39) dividend. This represents a dividend yield of 1.68%. The ex-dividend date of this dividend is Thursday, September 5th. This is a positive change from Rathbones Group’s previous dividend of $24.00. 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.