S&U (LON:SUS) Stock Passes Below 200-Day Moving Average of $2,038.02

S&U plc (LON:SUS) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,038.02 ($25.17) and traded as low as GBX 1,890 ($23.34). S&U shares last traded at GBX 1,910 ($23.59), with a volume of 506 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 2,180 ($26.93) price objective on shares of S&U in a research note on Wednesday, April 10th.

S&U Stock Up 1.1 %

The firm has a market cap of £232.07 million, a price-to-earnings ratio of 707.41 and a beta of 0.54. The firm’s 50 day moving average price is GBX 1,845.44 and its two-hundred day moving average price is GBX 2,038.02. The company has a debt-to-equity ratio of 80.81, a current ratio of 47.78 and a quick ratio of 58.00.

S&U Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 20th will be paid a dividend of GBX 50 ($0.62) per share. This is an increase from S&U’s previous dividend of $35.00. The ex-dividend date is Thursday, June 20th. This represents a dividend yield of 2.67%. S&U’s dividend payout ratio is 6,222.22%.

About S&U

S&U plc provides motor, property bridging, and specialist finance in the United Kingdom. The company was incorporated in 1938 and is headquartered in Solihull, the United Kingdom.