Ocean Wilsons (LON:OCN) Hits New 1-Year High at $1,440.80

Ocean Wilsons Holdings Limited (LON:OCN)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,440.80 ($18.10) and last traded at GBX 1,438 ($18.07), with a volume of 19522 shares changing hands. The stock had previously closed at GBX 1,350 ($16.96).

Ocean Wilsons Stock Up 7.4 %

The firm has a 50-day simple moving average of GBX 1,364.50 and a 200 day simple moving average of GBX 1,241.46. The company has a debt-to-equity ratio of 67.23, a current ratio of 2.87 and a quick ratio of 2.96. The company has a market capitalization of £512.72 million, a PE ratio of 900.00 and a beta of 0.98.

Ocean Wilsons Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 14th. Investors of record on Thursday, May 16th will be given a dividend of $0.85 per share. The ex-dividend date is Thursday, May 16th. This is a positive change from Ocean Wilsons’s previous dividend of $0.70. This represents a yield of 4.93%. Ocean Wilsons’s payout ratio is 4,466.67%.

About Ocean Wilsons

Ocean Wilsons Holdings Limited, an investment holding company, offers maritime and logistics services in Brazil. It operates in two segments, Maritime Services and Investments. The Maritime Services segment provides towage, ship agency, port terminals, offshore, logistics, and shipyard services. The Investments segment holds a portfolio of international investments.