Keywords Studios (LON:KWS) Stock Crosses Below 200-Day Moving Average of $1,433.31

Posted by Joseph Casey on Apr 23rd, 2024

Shares of Keywords Studios plc (LON:KWS – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,433.31 ($17.70) and traded as low as GBX 1,150 ($14.20). Keywords Studios shares last traded at GBX 1,172 ($14.48), with a volume of 164,246 shares.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Keywords Studios in a research report on Wednesday, April 3rd. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,113.33 ($26.10).

Read Our Latest Stock Analysis on Keywords Studios

Keywords Studios Stock Performance

The company has a market cap of £928.65 million, a PE ratio of 5,580.95, a PEG ratio of 2.97 and a beta of 0.92. The company has a debt-to-equity ratio of 29.10, a current ratio of 1.13 and a quick ratio of 1.70. The business has a 50-day moving average of GBX 1,370.70 and a 200 day moving average of GBX 1,433.31.

Keywords Studios Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 23rd will be issued a dividend of GBX 1.76 ($0.02) per share. This represents a yield of 0.13%. The ex-dividend date is Thursday, May 23rd. This is a positive change from Keywords Studios’s previous dividend of $0.85. Keywords Studios’s payout ratio is currently 1,428.57%.

Insider Buying and Selling at Keywords Studios

In related news, insider Don Robert purchased 3,400 shares of the business’s stock in a transaction on Monday, February 5th. The stock was acquired at an average price of GBX 1,631 ($20.15) per share, with a total value of £55,454 ($68,495.55). 5.58% of the stock is currently owned by corporate insiders.

About Keywords Studios

(Get Free Report)

Keywords Studios plc provides creative and technical services to the video game industry worldwide. The company offers art creation services related to the production of graphical art assets for inclusion in the video game, including concept art creation, as well as 2D and 3D art asset production and animation.