S&U (LON:SUS) Shares Pass Below Two Hundred Day Moving Average of $2,053.39

S&U plc (LON:SUS)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,053.39 ($25.56) and traded as low as GBX 1,850 ($23.03). S&U shares last traded at GBX 1,850 ($23.03), with a volume of 115 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “hold” rating and issued a GBX 2,180 ($27.14) price target on shares of S&U in a report on Wednesday, April 10th.

S&U Stock Performance

The firm has a market capitalization of £223.56 million, a P/E ratio of 681.48 and a beta of 0.54. The company has a current ratio of 47.78, a quick ratio of 58.00 and a debt-to-equity ratio of 80.81. The business’s 50 day simple moving average is GBX 1,846.70 and its two-hundred day simple moving average is GBX 2,050.58.

S&U Increases Dividend

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

S&U Company Profile

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.