Murray International (LON:MYI) Shares Pass Above 50-Day Moving Average – What’s Next?

Murray International (LON:MYI)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 268.17 ($3.46) and traded as high as GBX 271 ($3.50). Murray International shares last traded at GBX 265.50 ($3.43), with a volume of 1,652,613 shares changing hands.

Murray International Trading Down 0.9 %

The business’s fifty day moving average is GBX 268.17 and its 200-day moving average is GBX 258.86. The company has a debt-to-equity ratio of 6.48, a quick ratio of 0.70 and a current ratio of 11.36. The firm has a market cap of £1.58 billion, a P/E ratio of 8.83 and a beta of 0.79.

Murray International (LON:MYI) last released its quarterly earnings results on Thursday, March 6th. The company reported GBX 11.60 ($0.15) earnings per share (EPS) for the quarter. Murray International had a net margin of 90.03% and a return on equity of 10.98%.

Murray International Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, May 19th. Shareholders of record on Thursday, April 3rd will be issued a dividend of GBX 4.30 ($0.06) per share. The ex-dividend date of this dividend is Thursday, April 3rd. This is an increase from Murray International’s previous dividend of $2.50. This represents a yield of 1.6%. Murray International’s payout ratio is presently 39.91%.

Murray International Company Profile

A high conviction global portfolio built with the potential to grow capital and deliver a strong and rising income