Bellway (LON:BWY) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Bellway p.l.c. (LON:BWY)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,517.31 ($33.36) and traded as high as GBX 2,548 ($33.76). Bellway shares last traded at GBX 2,528.14 ($33.50), with a volume of 222,877 shares changing hands.

Bellway Stock Performance

The company has a debt-to-equity ratio of 3.75, a quick ratio of 0.50 and a current ratio of 5.26. The stock has a 50 day moving average of GBX 2,336.43 and a 200 day moving average of GBX 2,517.31. The stock has a market capitalization of £2.97 billion, a P/E ratio of 22.97, a P/E/G ratio of 3.40 and a beta of 1.46.

Bellway (LON:BWY) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 90.30 ($1.20) EPS for the quarter. Bellway had a net margin of 5.48% and a return on equity of 3.78%. Equities analysts predict that Bellway p.l.c. will post 159.0741715 EPS for the current year.

Bellway Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Thursday, April 17th will be paid a GBX 95 ($1.26) dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a dividend yield of 2.55%. This is a positive change from Bellway’s previous dividend of $38.00. Bellway’s dividend payout ratio (DPR) is presently 100.84%.

Bellway Company Profile

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.