Tyman (LON:TYMN) Share Price Crosses Above 200-Day Moving Average of $292.07

Tyman plc (LON:TYMN) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 292.07 ($3.67) and traded as high as GBX 379 ($4.76). Tyman shares last traded at GBX 377 ($4.74), with a volume of 539,166 shares changing hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 360 ($4.52) price objective on shares of Tyman in a report on Thursday, March 7th.

Tyman Trading Down 0.3 %

The stock has a market capitalization of £735.00 million, a price-to-earnings ratio of 1,885.00, a price-to-earnings-growth ratio of 0.88 and a beta of 1.46. The company has a debt-to-equity ratio of 44.08, a quick ratio of 1.16 and a current ratio of 1.64. The business has a fifty day simple moving average of GBX 307.56 and a 200 day simple moving average of GBX 292.07.

Tyman Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Thursday, April 25th will be paid a GBX 9.50 ($0.12) dividend. This is a boost from Tyman’s previous dividend of $4.20. The ex-dividend date is Thursday, April 25th. This represents a dividend yield of 3.22%. Tyman’s dividend payout ratio is presently 7,000.00%.

About Tyman

Tyman plc designs, manufactures, and supplies engineered fenestration components and access solutions to the construction industry. It operates through three divisions: Tyman North America, Tyman UK & Ireland, and Tyman International. The Tyman North America division offers single and multipoint locking systems, decorative handle trim sets, and precision rollers; operators, tie bar/locks, and hinges for casement and awning applications; hardware for sliding and hung windows; and locks/keepers, integrated tilt latches, rollers, balance systems, seals, and extruded profiles for hung and sliding window applications, as well as various specialty access and safety products, including smoke vents, roof access hatches, floor access doors, and ladder posts.