Brooks Macdonald Group (LON:BRK) Stock Crosses Above 200 Day Moving Average of $1,819.81

Brooks Macdonald Group plc (LON:BRK) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,819.81 ($22.86) and traded as high as GBX 2,040 ($25.62). Brooks Macdonald Group shares last traded at GBX 1,920 ($24.12), with a volume of 12,825 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of Brooks Macdonald Group in a report on Wednesday, April 17th.

Brooks Macdonald Group Stock Up 2.6 %

The company has a current ratio of 3.60, a quick ratio of 2.43 and a debt-to-equity ratio of 3.16. The firm has a market capitalization of £323.87 million, a P/E ratio of 4,804.88, a P/E/G ratio of 0.85 and a beta of 0.72. The stock’s 50-day simple moving average is GBX 1,791.80 and its 200-day simple moving average is GBX 1,820.84.

Brooks Macdonald Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 16th. Stockholders of record on Thursday, March 14th were paid a GBX 29 ($0.36) dividend. The ex-dividend date was Thursday, March 14th. This represents a dividend yield of 1.76%. Brooks Macdonald Group’s payout ratio is presently 18,536.59%.

Brooks Macdonald Group Company Profile

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International.