Begbies Traynor Group (LON:BEG) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Begbies Traynor Group plc (LON:BEG) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 94.55 ($1.25) and traded as high as GBX 98.80 ($1.31). Begbies Traynor Group shares last traded at GBX 96.60 ($1.28), with a volume of 135,266 shares trading hands.

Begbies Traynor Group Trading Up 0.2 %

The company has a current ratio of 1.31, a quick ratio of 1.35 and a debt-to-equity ratio of 23.79. The firm has a market capitalization of £153.81 million, a P/E ratio of 105.25, a PEG ratio of 2.95 and a beta of 0.37. The business has a 50 day moving average of GBX 96.22 and a 200-day moving average of GBX 94.55.

Begbies Traynor Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 1.40 ($0.02) per share. This represents a dividend yield of 1.51%. The ex-dividend date of this dividend is Thursday, April 10th. Begbies Traynor Group’s dividend payout ratio is 435.82%.

About Begbies Traynor Group

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.