RTC Group (LON:RTC) Stock Price Passes Above Fifty Day Moving Average of $76.27

RTC Group plc (LON:RTC) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 76.27 ($0.97) and traded as high as GBX 97 ($1.23). RTC Group shares last traded at GBX 87.50 ($1.11), with a volume of 20,777 shares changing hands.

RTC Group Stock Performance

The company has a 50-day moving average price of GBX 76.27 and a two-hundred day moving average price of GBX 64.52. The stock has a market capitalization of £12.82 million, a P/E ratio of 1,750.00 and a beta of 1.10. The company has a quick ratio of 1.49, a current ratio of 1.58 and a debt-to-equity ratio of 33.24.

RTC Group Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, July 8th. Stockholders of record on Thursday, June 6th will be given a dividend of GBX 4.50 ($0.06) per share. The ex-dividend date is Thursday, June 6th. This is a boost from RTC Group’s previous dividend of $1.00. This represents a dividend yield of 6.43%. RTC Group’s dividend payout ratio is currently 12,000.00%.

Insider Activity

In related news, insider Sarah Dye sold 70,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of GBX 95 ($1.20), for a total value of £66,500 ($84,166.56). Company insiders own 55.40% of the company’s stock.

About RTC Group

RTC Group plc, through its subsidiaries, provides recruitment services in the United Kingdom, the United States, and the Middle East. It offers technical recruitment solutions to the general engineering, manufacturing, transport, build environment, infrastructure, commercial disciplines, sales and technical sales, scientific, chemical, energy and utilities, and defense and aerospace sectors; technical and engineering workforce solutions, such as recruitment, training, account management, contingent labor, and fleet provision to the rail, energy, construction, highways, and transportation sectors; and contract and permanent staffing solutions.