S&U (LON:SUS) Stock Passes Below 200-Day Moving Average of $2,038.02

S&U plc (LON:SUS)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,038.02 ($25.17) and traded as low as GBX 1,890 ($23.34). S&U shares last traded at GBX 1,910 ($23.59), with a volume of 506 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “hold” rating and set a GBX 2,180 ($26.93) target price on shares of S&U in a research note on Wednesday, April 10th.

S&U Stock Performance

The business’s 50 day moving average is GBX 1,845.44 and its two-hundred day moving average is GBX 2,038.02. The company has a market cap of £232.07 million, a PE ratio of 707.41 and a beta of 0.54. The company has a current ratio of 47.78, a quick ratio of 58.00 and a debt-to-equity ratio of 80.81.

S&U Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 20th will be issued a dividend of GBX 50 ($0.62) per share. This is a boost from S&U’s previous dividend of $35.00. This represents a dividend yield of 2.67%. The ex-dividend date of this dividend is Thursday, June 20th. S&U’s payout ratio is currently 6,222.22%.

S&U Company Profile

S&U plc provides motor, property bridging, and specialist finance in the United Kingdom. The company was incorporated in 1938 and is headquartered in Solihull, the United Kingdom.