H&T Group (LON:HAT) Shares Pass Above 200 Day Moving Average – Time to Sell?

Shares of H&T Group plc (LON:HAT) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 360.76 ($4.68) and traded as high as GBX 388.65 ($5.04). H&T Group shares last traded at GBX 377.50 ($4.90), with a volume of 86,920 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Canaccord Genuity Group upped their price target on shares of H&T Group from GBX 531 ($6.89) to GBX 559 ($7.26) and gave the stock a “buy” rating in a research report on Tuesday, March 18th. Shore Capital reissued a “house stock” rating on shares of H&T Group in a research note on Tuesday, March 18th.

H&T Group Trading Up 2.0 %

The company has a current ratio of 15.96, a quick ratio of 4.55 and a debt-to-equity ratio of 46.82. The firm has a 50-day moving average of GBX 365.38 and a 200 day moving average of GBX 360.76. The stock has a market capitalization of £164.49 million, a price-to-earnings ratio of 7.47 and a beta of 0.69.

H&T Group (LON:HAT) last posted its earnings results on Tuesday, March 18th. The company reported GBX 51.17 ($0.66) earnings per share for the quarter. H&T Group had a return on equity of 12.14% and a net margin of 9.06%. As a group, equities analysts predict that H&T Group plc will post 54.3859649 EPS for the current fiscal year.

H&T Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, May 29th will be issued a GBX 11 ($0.14) dividend. This is a positive change from H&T Group’s previous dividend of $7.00. This represents a yield of 2.84%. The ex-dividend date is Thursday, May 29th. H&T Group’s payout ratio is 35.61%.

H&T Group Company Profile

H&T is the UK’s largest pawnbroker and provides a range of financial services to meet customers’ needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches.

Our ambition is to make pawnbroking a more widely accepted and valued finance service.