Christie Group (LON:CTG) Stock Price Crosses Below 50-Day Moving Average of $125.25

Christie Group plc (LON:CTG – Get Rating) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 125.25 ($1.57) and traded as low as GBX 121 ($1.52). Christie Group shares last traded at GBX 132.50 ($1.66), with a volume of 35,302 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of Christie Group in a research note on Monday, April 24th.

Christie Group Price Performance

The company has a debt-to-equity ratio of 138.77, a quick ratio of 1.14 and a current ratio of 1.32. The stock has a market capitalization of £35.15 million, a P/E ratio of 1,104.17 and a beta of 0.76. The stock has a 50-day simple moving average of GBX 125.25 and a 200 day simple moving average of GBX 118.49.

Christie Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 7th. Stockholders of record on Thursday, June 8th will be issued a dividend of GBX 2.50 ($0.03) per share. This represents a dividend yield of 2.08%. The ex-dividend date is Thursday, June 8th. This is a boost from Christie Group’s previous dividend of $1.25. Christie Group’s payout ratio is currently 3,333.33%.

About Christie Group

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Christie Group plc, together with its subsidiaries, provides professional services for the hospitality, leisure, healthcare, medical, childcare, education, and retail sectors in Europe and internationally. It operates in three segments: Professional & Financial Services; Stock & Inventory Systems & Services; and Other.