Robinson (LON:RBN) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Robinson plc (LON:RBN) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 109.99 ($1.40) and traded as low as GBX 106 ($1.35). Robinson shares last traded at GBX 106 ($1.35), with a volume of 1,600 shares trading hands.

Robinson Trading Down 3.5 %

The stock has a 50 day moving average of GBX 117.84 and a 200 day moving average of GBX 109.99. The company has a debt-to-equity ratio of 39.31, a current ratio of 1.32 and a quick ratio of 1.41. The firm has a market cap of £17.78 million, a P/E ratio of 32.86 and a beta of 0.72.

Robinson (LON:RBN) last announced its quarterly earnings data on Friday, March 28th. The company reported GBX (19.80) (($0.25)) earnings per share for the quarter. Robinson had a return on equity of 2.13% and a net margin of 1.03%. As a group, equities research analysts predict that Robinson plc will post 9.4014733 EPS for the current year.

Robinson Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 20th. Shareholders of record on Thursday, June 5th will be given a GBX 3.50 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a yield of 2.98%. This is an increase from Robinson’s previous dividend of $2.50. Robinson’s payout ratio is presently 185.81%.

Robinson Company Profile

Robinson plc is a leading provider of innovative custom moulded plastic and rigid paperboard packaging.