Bisichi (LON:BISI) Shares Pass Below Fifty Day Moving Average – What’s Next?

Bisichi PLC (LON:BISI)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 92.31 ($1.23) and traded as low as GBX 87.11 ($1.16). Bisichi shares last traded at GBX 87.11 ($1.16), with a volume of 1,000 shares traded.

Bisichi Trading Down 3.2 %

The stock has a 50 day moving average of GBX 92.31 and a 200 day moving average of GBX 103.88. The company has a debt-to-equity ratio of 19.85, a current ratio of 0.59 and a quick ratio of 1.03. The firm has a market cap of £9.35 million, a P/E ratio of 3.66 and a beta of -0.10.

Bisichi Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were given a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, January 9th. This represents a dividend yield of 2.61%. Bisichi’s dividend payout ratio (DPR) is presently 29.39%.

Bisichi Company Profile

Bisichi PLC engages in the coal mining and processing activities in South Africa. The company owns an interest in the Black Wattle Colliery, a coal mining and washing operation located in Mpumulanga, South Africa. It is also involved in the retail property investment and residential property development activities in the United Kingdom, as well as share dealing business.