Wilmington (LON:WIL) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

by · The Markets Daily

Shares of Wilmington plc (LON:WIL – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 382.35 ($4.96) and traded as high as GBX 410 ($5.32). Wilmington shares last traded at GBX 394 ($5.11), with a volume of 35,665 shares trading hands.

Wilmington Price Performance

The business has a 50 day simple moving average of GBX 390.22 and a 200-day simple moving average of GBX 383. The company has a market capitalization of £357.32 million, a P/E ratio of 2,105.26, a PEG ratio of 1.44 and a beta of 0.84. The company has a quick ratio of 0.86, a current ratio of 1.70 and a debt-to-equity ratio of 2.45.

Wilmington Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Thursday, October 31st will be paid a dividend of GBX 8.30 ($0.11) per share. This represents a yield of 2.16%. This is a positive change from Wilmington’s previous dividend of $3.00. The ex-dividend date is Thursday, October 31st. Wilmington’s payout ratio is presently 5,789.47%.

Insiders Place Their Bets

In other news, insider Guy Millward sold 72,134 shares of the business’s stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of GBX 380 ($4.93), for a total transaction of £274,109.20 ($355,478.15). 2.70% of the stock is owned by insiders.

About Wilmington

(Get Free Report)

Wilmington plc, together with its subsidiaries, provides information, data, training, and education solutions to professional markets in the United Kingdom, the rest of Europe, North America, and internationally. It operates in two divisions, Intelligence and Training & Education. The Intelligence division offers risk and compliance data to a range of industries, including insurance, pensions, legal, and healthcare.

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