Brooks Macdonald Group (LON:BRK) Shares Cross Above Two Hundred Day Moving Average of $1,811.07

Brooks Macdonald Group plc (LON:BRK) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,811.07 ($22.37) and traded as high as GBX 1,869.71 ($23.09). Brooks Macdonald Group shares last traded at GBX 1,815 ($22.42), with a volume of 13,181 shares changing hands.

Analyst Upgrades and Downgrades

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

Brooks Macdonald Group Trading Up 0.8 %

The stock has a market capitalization of £298.39 million, a P/E ratio of 4,426.83, a price-to-earnings-growth ratio of 0.85 and a beta of 0.72. 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 company has a 50-day moving average price of GBX 1,772.05 and a 200 day moving average price of GBX 1,811.07.

Brooks Macdonald Group Cuts Dividend

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

About Brooks Macdonald Group

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.