Nichols (LON:NICL) Share Price Passes Above 200-Day Moving Average of $1,077.75

Nichols plc (LON:NICL – Get Rating)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,077.75 ($13.14) and traded as high as GBX 1,090 ($13.28). Nichols shares last traded at GBX 1,055 ($12.86), with a volume of 19,648 shares traded.

Nichols Stock Down 2.3 %

The stock has a market cap of £384.86 million, a P/E ratio of 3,403.23 and a beta of 0.44. The company has a quick ratio of 2.58, a current ratio of 3.48 and a debt-to-equity ratio of 2.30. The business has a 50-day simple moving average of GBX 1,039.89 and a 200-day simple moving average of GBX 1,077.75.

Nichols Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 4th. Stockholders of record on Thursday, March 23rd will be given a GBX 15.30 ($0.19) dividend. This represents a dividend yield of 1.53%. This is a boost from Nichols’s previous dividend of $12.40. The ex-dividend date of this dividend is Thursday, March 23rd. Nichols’s dividend payout ratio is currently 9,032.26%.

Nichols Company Profile

(Get Rating)

Nichols plc, together with its subsidiaries, supplies soft drinks to the retail, wholesale, catering, licensed, and leisure industries in the United Kingdom. The company operates through two segments, Still and Carbonate. It offers still, cordial, carbonated, post-mix, and frozen drinks categories under the Vimto, Feel Good, Levi Roots, Starslush, ICEE, Slurp, FRYST, DOUWE EGBERTS, and Sunkist brands.