Challenger (ASX:CGF) Stock Price Passes Below 200-Day Moving Average of $7.44

Challenger Ltd (ASX:CGF)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.44 and traded as low as $6.78. Challenger shares last traded at $6.82, with a volume of 2,354,343 shares traded.

The firm’s 50-day moving average price is A$7.01 and its two-hundred day moving average price is A$7.42. The firm has a market capitalization of $4.20 billion and a PE ratio of 15.31. The company has a quick ratio of 1.61, a current ratio of 1.71 and a debt-to-equity ratio of 204.13.

The business also recently disclosed a Final dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 25th were given a dividend of $0.18 per share. This represents a yield of 2.59%. The ex-dividend date was Friday, August 30th. Challenger’s payout ratio is presently 80.36%.

About Challenger (ASX:CGF)

Challenger Limited is a publicly owned investment manager. The company also provides retirement services to its clients. It manages equity mutual funds. The firm invests into the public equity markets. Challenger Limited was founded in 1985 and is based in Australia, Asia and United Kingdom.

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