Hunting PLC (LON:HTG – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 249.91 ($3.04) and traded as high as GBX 296.50 ($3.61). Hunting shares last traded at GBX 289.50 ($3.52), with a volume of 163,015 shares traded.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on HTG shares. Barclays restated an “overweight” rating and issued a GBX 420 ($5.11) price target on shares of Hunting in a research report on Tuesday, September 12th. Royal Bank of Canada restated an “outperform” rating and issued a GBX 400 ($4.87) price objective on shares of Hunting in a report on Tuesday, July 11th.
Hunting Stock Performance
Hunting Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, October 27th. Shareholders of record on Thursday, October 5th were issued a dividend of $0.05 per share. This is an increase from Hunting’s previous dividend of $0.05. This represents a yield of 1.54%. The ex-dividend date was Thursday, October 5th. Hunting’s dividend payout ratio (DPR) is presently 10,000.00%.
In other Hunting news, insider Annell R. Bay purchased 2,578 shares of the company’s stock in a transaction on Wednesday, September 27th. The shares were purchased at an average cost of GBX 305 ($3.71) per share, with a total value of £7,862.90 ($9,567.90). 19.03% of the stock is owned by company insiders.
Hunting Company Profile
Hunting PLC, together with its subsidiaries, provides tools and components for oil and gas and energy industries. The company operates through Hunting Titan, North America, Europe, Middle East and Africa, and Asia Pacific segments. The Hunting Titan segment manufactures and distributes integrated and conventional gun systems and hardware related products.
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