H&T Group (LON:HAT) Shares Pass Above 200 Day Moving Average – What’s Next?

H&T Group plc (LON:HAT) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 360.46 ($4.67) and traded as high as GBX 404 ($5.23). H&T Group shares last traded at GBX 395 ($5.11), with a volume of 44,446 shares trading hands.

Analyst Ratings Changes

A number of analysts recently issued reports on HAT shares. Shore Capital reissued a “house stock” rating on shares of H&T Group in a report on Tuesday, March 18th. Canaccord Genuity Group increased their price target on shares of H&T Group from GBX 531 ($6.87) to GBX 559 ($7.24) and gave the stock a “buy” rating in a report on Tuesday, March 18th.

H&T Group Trading Down 1.0 %

The company has a debt-to-equity ratio of 46.82, a current ratio of 15.96 and a quick ratio of 4.55. The stock has a market cap of £172.12 million, a P/E ratio of 7.82 and a beta of 0.69. The firm’s fifty day moving average price is GBX 357.44 and its two-hundred day moving average price is GBX 360.46.

H&T Group (LON:HAT) last announced its earnings results on Tuesday, March 18th. The company reported GBX 51.17 ($0.66) earnings per share for the quarter. H&T Group had a return on equity of 12.14% and a net margin of 9.06%. As a group, equities research analysts forecast that H&T Group plc will post 54.3859649 EPS for the current year.

H&T Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 29th will be given a dividend of GBX 11 ($0.14) per share. The ex-dividend date is Thursday, May 29th. This is a positive change from H&T Group’s previous dividend of $7.00. This represents a yield of 2.84%. H&T Group’s payout ratio is presently 35.61%.

About H&T Group

H&T is the UK’s largest pawnbroker and provides a range of financial services to meet customers’ needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches.

Our ambition is to make pawnbroking a more widely accepted and valued finance service.