H&T Group (LON:HAT) Share Price Passes Above 200-Day Moving Average of $412.14

Posted by Alphonse Anthony on May 2nd, 2024

H&T Group plc (LON:HAT – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 412.14 ($5.18) and traded as high as GBX 439 ($5.51). H&T Group shares last traded at GBX 435 ($5.46), with a volume of 67,025 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “house stock” rating on shares of H&T Group in a research note on Tuesday, March 12th.

Read Our Latest Stock Report on HAT

H&T Group Trading Down 2.3 %

The company has a quick ratio of 4.55, a current ratio of 14.66 and a debt-to-equity ratio of 36.63. The company has a market cap of £186.96 million, a P/E ratio of 906.25 and a beta of 0.64. The firm’s 50 day moving average is GBX 382.57 and its two-hundred day moving average is GBX 412.14.

H&T Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, May 30th will be paid a GBX 10.50 ($0.13) dividend. This is a boost from H&T Group’s previous dividend of $6.50. The ex-dividend date is Thursday, May 30th. This represents a dividend yield of 3.09%. H&T Group’s payout ratio is currently 3,541.67%.

Insider Buying and Selling

In other H&T Group news, insider Simon Walker acquired 5,035 shares of H&T Group stock in a transaction that occurred on Friday, March 15th. The shares were bought at an average price of GBX 397 ($4.99) per share, with a total value of £19,988.95 ($25,108.59). 7.99% of the stock is currently owned by insiders.

About H&T Group

(Get Free Report)

H&T Group plc, together with its subsidiaries, primarily provides pawnbroking services in the United Kingdom and internationally. It operates through seven segments: Pawnbroking, Gold Purchasing, Retail, Pawnbroking Scrap, Personal Loans, Foreign Exchange, and Other Services. The company offers personal loans; and gold purchasing, cheque cashing, unsecured lending, buyback, foreign exchange currency, and money wire transfer services, as well as engages in the retail of new and pre-owned jewelry and watches.