Ocean Wilsons (LON:OCN) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Ocean Wilsons Holdings Limited (LON:OCN) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,323.27 ($17.59) and traded as high as GBX 1,340 ($17.81). Ocean Wilsons shares last traded at GBX 1,335 ($17.75), with a volume of 31,497 shares trading hands.

Ocean Wilsons Stock Down 0.4 %

The stock has a market capitalization of £586.40 million, a P/E ratio of 9.50 and a beta of 0.96. The stock’s 50 day simple moving average is GBX 1,353.12 and its 200 day simple moving average is GBX 1,323.27. The company has a current ratio of 2.74, a quick ratio of 2.96 and a debt-to-equity ratio of 85.64.

Ocean Wilsons Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 28th. Investors of record on Thursday, April 24th will be issued a $1.22 dividend. This represents a dividend yield of 6.64%. This is a boost from Ocean Wilsons’s previous dividend of $0.85. The ex-dividend date of this dividend is Thursday, April 24th. Ocean Wilsons’s payout ratio is presently 47.87%.

Ocean Wilsons Company Profile

Ocean Wilsons Holdings Limited, an investment holding company, offers maritime and logistics services in Brazil. It operates in two segments, Maritime Services and Investments. The Maritime Services segment provides towage, ship agency, port terminals, offshore, logistics, and shipyard services. The Investments segment holds a portfolio of international investments.