Ocean Wilsons (LON:OCN) Shares Pass Above 200 Day Moving Average of $1,219.35

Ocean Wilsons Holdings Limited (LON:OCN)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,219.35 ($15.06) and traded as high as GBX 1,420 ($17.54). Ocean Wilsons shares last traded at GBX 1,380 ($17.05), with a volume of 8,507 shares traded.

Ocean Wilsons Stock Performance

The company has a quick ratio of 2.96, a current ratio of 2.87 and a debt-to-equity ratio of 67.23. The company has a market cap of £487.97 million, a PE ratio of 920.00 and a beta of 0.98. The stock’s 50 day simple moving average is GBX 1,358.60 and its two-hundred day simple moving average is GBX 1,219.35.

Ocean Wilsons Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 16th will be paid a $0.85 dividend. The ex-dividend date is Thursday, May 16th. This is a positive change from Ocean Wilsons’s previous dividend of $0.70. This represents a dividend yield of 4.93%. Ocean Wilsons’s payout ratio is presently 4,466.67%.

About Ocean Wilsons

Ocean Wilsons Holdings Limited, an investment holding company, offers maritime and logistics services in Brazil. The company operates through two segments, Maritime Services and Investments. The Maritime Services segment provides towage, ship agency, port terminals, offshore, logistics, and shipyard services.