Nichols (LON:NICL) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Nichols plc (LON:NICL) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,225.53 ($15.81) and traded as high as GBX 1,325 ($17.09). Nichols shares last traded at GBX 1,275 ($16.45), with a volume of 10,146 shares.

Nichols Price Performance

The company has a debt-to-equity ratio of 1.80, a quick ratio of 2.58 and a current ratio of 3.73. The firm has a market capitalization of £429.16 million, a P/E ratio of 22.93 and a beta of 0.50. The business has a fifty day moving average of GBX 1,300.10 and a 200-day moving average of GBX 1,227.27.

Nichols (LON:NICL) last released its quarterly earnings results on Wednesday, March 12th. The company reported GBX 64.02 ($0.83) earnings per share (EPS) for the quarter. Nichols had a return on equity of 18.96% and a net margin of 11.07%. On average, sell-side analysts forecast that Nichols plc will post 62.4371859 EPS for the current fiscal year.

Nichols Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 1st. Shareholders of record on Thursday, March 20th will be paid a dividend of GBX 17.10 ($0.22) per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a yield of 1.25%. Nichols’s payout ratio is 60.49%.

Nichols Company Profile