Rathbones Group (LON:RAT) Shares Cross Above Two Hundred Day Moving Average of $1,632.42

Shares of Rathbones Group Plc (LON:RAT) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,632.42 ($20.75) and traded as high as GBX 1,784 ($22.67). Rathbones Group shares last traded at GBX 1,782 ($22.65), with a volume of 24,432 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Barclays reduced their price target on shares of Rathbones Group from GBX 1,650 ($20.97) to GBX 1,520 ($19.32) and set an “underweight” rating for the company in a research report on Tuesday, March 12th. Shore Capital reiterated a “buy” rating on shares of Rathbones Group in a research report on Wednesday, March 6th.

Rathbones Group Stock Performance

The firm’s 50-day moving average is GBX 1,632.32 and its 200 day moving average is GBX 1,634.69. The stock has a market cap of £1.62 billion, a PE ratio of 3,494.12, a P/E/G ratio of -26.52 and a beta of 0.66. The company has a debt-to-equity ratio of 9.42, a quick ratio of 0.14 and a current ratio of 1.17.

Rathbones Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, May 14th. Investors of record on Thursday, April 18th were given a GBX 24 ($0.31) dividend. The ex-dividend date was Thursday, April 18th. This represents a yield of 1.55%. Rathbones Group’s dividend payout ratio (DPR) is 17,058.82%.

About Rathbones Group

Rathbones Group Plc, together with its subsidiaries, provides individual wealth management, asset management, and related services for private clients, charities, trustees, and professional partners in the United Kingdom, Channel Island, and internationally. The company operates through two segments, Wealth Management and Asset Management.