Ocean Wilsons (LON:OCN) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of Ocean Wilsons Holdings Limited (LON:OCN) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,345.93 ($18.12) and traded as high as GBX 1,610 ($21.68). Ocean Wilsons shares last traded at GBX 1,585 ($21.34), with a volume of 128,207 shares trading hands.

Ocean Wilsons Stock Up 0.2%

The stock has a market capitalization of £700.46 million, a P/E ratio of 11.35 and a beta of 0.96. The company’s 50-day moving average price is GBX 1,397.76 and its 200 day moving average price is GBX 1,345.93. The company has a debt-to-equity ratio of 85.64, a quick ratio of 2.96 and a current ratio of 2.74.

Ocean Wilsons Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Thursday, April 24th were given a dividend of $1.22 per share. This represents a dividend yield of 6.64%. This is an increase from Ocean Wilsons’s previous dividend of $0.85. The ex-dividend date of this dividend was Thursday, April 24th. Ocean Wilsons’s dividend payout ratio (DPR) is presently 47.87%.

Ocean Wilsons Company Profile

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.