Jarvis Securities (LON:JIM) Shares Pass Above Two Hundred Day Moving Average of $67.36

Shares of Jarvis Securities plc (LON:JIM) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 67.36 ($0.83) and traded as high as GBX 67.88 ($0.84). Jarvis Securities shares last traded at GBX 66 ($0.82), with a volume of 111,425 shares changing hands.

Jarvis Securities Stock Up 8.2 %

The company has a debt-to-equity ratio of 6.68, a quick ratio of 2.13 and a current ratio of 2.12. The company has a market cap of £29.52 million, a price-to-earnings ratio of 550.00 and a beta of 0.34. The business has a 50-day simple moving average of GBX 69.08 and a 200-day simple moving average of GBX 67.36.

Jarvis Securities Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 19th. Shareholders of record on Thursday, February 22nd were given a GBX 1.75 ($0.02) dividend. This represents a yield of 3.43%. The ex-dividend date was Thursday, February 22nd. Jarvis Securities’s dividend payout ratio is currently 9,166.67%.

About Jarvis Securities

Jarvis Securities plc, through its subsidiary, Jarvis Investment Management Limited, provides stock broking services to retail and institutional clients in the United Kingdom. The company offers retail execution-only stockbroking services; nominee, certificated, SIPP, and ISA accounts; savings schemes; and outsourced financial administration services to investment firms.