Nichols (LON:NICL) Share Price Passes Above 200 Day Moving Average – Here’s Why

Nichols plc (LON:NICL)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,219.19 ($15.78) and traded as high as GBX 1,305 ($16.90). Nichols shares last traded at GBX 1,289.90 ($16.70), with a volume of 67,101 shares trading hands.

Nichols Stock Down 1.2 %

The firm has a market capitalization of £465.68 million, a P/E ratio of 24.88 and a beta of 0.50. The company has a fifty day simple moving average of GBX 1,300.60 and a 200 day simple moving average of GBX 1,221.79. The company has a quick ratio of 2.58, a current ratio of 3.73 and a debt-to-equity ratio of 1.80.

Nichols (LON:NICL) last announced its quarterly earnings results on Wednesday, March 12th. The company reported GBX 64.02 ($0.83) earnings per share (EPS) for the quarter. Nichols had a net margin of 11.07% and a return on equity of 18.96%. On average, equities analysts expect that Nichols plc will post 62.4371859 EPS for the current fiscal year.

Nichols Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, March 20th will be paid a GBX 17.10 ($0.22) dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a dividend yield of 1.25%. Nichols’s dividend payout ratio is presently 60.49%.

About Nichols