Ocean Wilsons (LON:OCN) Shares Pass Above 200 Day Moving Average – Time to Sell?

Shares of Ocean Wilsons Holdings Limited (LON:OCN) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,331.14 ($17.42) and traded as high as GBX 1,400 ($18.32). Ocean Wilsons shares last traded at GBX 1,370 ($17.93), with a volume of 32,089 shares trading hands.

Ocean Wilsons Trading Up 3.4 %

The company has a debt-to-equity ratio of 85.64, a current ratio of 2.74 and a quick ratio of 2.96. The firm’s fifty day moving average price is GBX 1,336.47 and its 200-day moving average price is GBX 1,331.14. The company has a market cap of £604.04 million, a price-to-earnings ratio of 9.79 and a beta of 0.96.

Ocean Wilsons Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Thursday, April 24th will be given a $1.22 dividend. This is a boost from Ocean Wilsons’s previous dividend of $0.85. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 6.64%. Ocean Wilsons’s dividend payout ratio is 47.87%.

About Ocean Wilsons

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