ERM Power Ltd (ASX:EPW)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $2.26 and traded as high as $2.42. ERM Power shares last traded at $2.40, with a volume of 306,617 shares.
The company has a market capitalization of $600.69 million and a price-to-earnings ratio of 4.99. The stock’s fifty day simple moving average is A$2.26 and its two-hundred day simple moving average is A$1.95. The company has a debt-to-equity ratio of 53.43, a current ratio of 1.34 and a quick ratio of 0.89.
The firm also recently announced a Final dividend, which was paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th were issued a dividend of $0.045 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a dividend yield of 1.84%. ERM Power’s dividend payout ratio (DPR) is 18.71%.
ERM Power Company Profile (ASX:EPW)
ERM Power Limited, a diversified energy company, engages in the generation and sale of electricity in Australia and the United States. It operates through Business Energy Australia, Generation Assets, and Other segments. The company operates 662 megawatts of low emission gas-fired power stations in Western Australia and Queensland.
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