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

Robinson plc (LON:RBNGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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.

Robinson Price Performance

The firm has a market cap of £20.94 million, a price-to-earnings ratio of 38.71 and a beta of 0.72. 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 50 day moving average of GBX 127.19 and a 200 day moving average of GBX 117.77.

Robinson (LON:RBNGet Free Report) last issued its quarterly earnings data on Friday, March 28th. The company reported GBX (19.80) (($0.27)) EPS for the quarter. Robinson had a return on equity of 2.13% and a net margin of 1.03%. Equities research analysts predict that Robinson plc will post 9.4014733 EPS for the current fiscal year.

Robinson Increases Dividend

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

About Robinson

(Get Free Report)

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

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