Tyman (LON:TYMN) Stock Price Passes Above 200 Day Moving Average of $239.39

Shares of Tyman plc (LON:TYMN – Get Rating) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 239.39 ($3.00) and traded as high as GBX 255.50 ($3.20). Tyman shares last traded at GBX 254 ($3.18), with a volume of 199,603 shares.

Analysts Set New Price Targets

Separately, Peel Hunt reiterated a “buy” rating and set a GBX 350 ($4.38) target price on shares of Tyman in a research note on Thursday, April 6th.

Tyman Stock Up 0.6 %

The firm has a market cap of £501.50 million, a price-to-earnings ratio of 1,016.00, a P/E/G ratio of 0.88 and a beta of 1.49. The firm’s 50 day moving average price is GBX 241.25 and its two-hundred day moving average price is GBX 239.39. The company has a debt-to-equity ratio of 46.18, a current ratio of 2.62 and a quick ratio of 1.16.

Tyman Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 26th. Stockholders of record on Thursday, April 27th will be paid a dividend of GBX 9.50 ($0.12) per share. This is an increase from Tyman’s previous dividend of $4.20. The ex-dividend date is Thursday, April 27th. This represents a dividend yield of 3.7%. Tyman’s dividend payout ratio is 5,600.00%.

Insider Transactions at Tyman

In related news, insider Jason Ashton sold 8,643 shares of the firm’s stock in a transaction dated Monday, March 20th. The shares were sold at an average price of GBX 235 ($2.94), for a total value of £20,311.05 ($25,442.88). In related news, insider Jo Hallas sold 69,194 shares of the firm’s stock in a transaction dated Monday, March 27th. The shares were sold at an average price of GBX 240 ($3.01), for a total value of £166,065.60 ($208,024.05). Also, insider Jason Ashton sold 8,643 shares of the firm’s stock in a transaction dated Monday, March 20th. The shares were sold at an average price of GBX 235 ($2.94), for a total transaction of £20,311.05 ($25,442.88). Over the last quarter, insiders sold 127,283 shares of company stock worth $30,455,259. Company insiders own 2.37% of the company’s stock.

About Tyman

(Get Rating)

Tyman plc supplies engineered fenestration components and access solutions to the construction industry. The company designs and manufactures products that enhance the comfort, sustainability, security, safety, and aesthetics of residential homes and commercial buildings. It operates through three divisions: Tyman North America, Tyman UK & Ireland, and Tyman International.