Robinson (LON:RBN) Shares Pass Above 200 Day Moving Average – Here’s Why

Robinson plc (LON:RBN) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 117.77 ($1.59) and traded as high as GBX 125 ($1.68). Robinson shares last traded at GBX 120.25 ($1.62), with a volume of 4,429 shares trading hands.

Robinson Stock Performance

The stock has a 50 day moving average price of GBX 127.19 and a two-hundred day moving average price of GBX 117.77. The company has a current ratio of 1.32, a quick ratio of 1.41 and a debt-to-equity ratio of 39.31. The company has a market cap of £20.94 million, a price-to-earnings ratio of 38.71 and a beta of 0.72.

Robinson (LON:RBN) last posted its quarterly earnings results on Friday, March 28th. The company reported GBX (19.80) (($0.27)) earnings per share for the quarter. Robinson had a net margin of 1.03% and a return on equity of 2.13%. Analysts predict that Robinson plc will post 9.4014733 EPS for the current year.

Robinson Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, June 5th will be paid a GBX 3.50 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a dividend yield of 2.98%. This is an increase from Robinson’s previous dividend of $2.50. Robinson’s dividend payout ratio is 185.81%.

Robinson Company Profile

Robinson plc is a leading provider of innovative custom moulded plastic and rigid paperboard packaging.