Experian (LON:EXPN) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Experian plc (LON:EXPN)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,698.97 ($46.24) and traded as high as GBX 3,990 ($49.88). Experian shares last traded at GBX 3,990 ($49.88), with a volume of 952,250 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on EXPN shares. JPMorgan Chase & Co. increased their target price on Experian from GBX 4,100 ($51.26) to GBX 4,400 ($55.01) and gave the company an “overweight” rating in a research note on Thursday, December 5th. Shore Capital reiterated a “buy” rating on shares of Experian in a research note on Wednesday, November 13th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 4,600 ($57.51) target price on shares of Experian in a research note on Tuesday, December 17th.

Experian Stock Performance

The company has a current ratio of 0.70, a quick ratio of 0.76 and a debt-to-equity ratio of 94.22. The firm has a market capitalization of £36.47 billion, a price-to-earnings ratio of 3,990.00, a price-to-earnings-growth ratio of 2.48 and a beta of 0.72. The company has a 50-day moving average of GBX 3,652.36 and a 200-day moving average of GBX 3,698.97.

Experian Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 9th will be given a dividend of $0.19 per share. This represents a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, January 9th. Experian’s dividend payout ratio is currently 4,600.00%.

Experian Company Profile

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software.