Wilmington (LON:WIL) Shares Pass Below 200 Day Moving Average of $202.71

Wilmington PLC (LON:WIL)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $202.71 and traded as low as $230.00. Wilmington shares last traded at $223.00, with a volume of 55,259 shares changing hands.

A number of brokerages recently commented on WIL. Shore Capital reaffirmed a “hold” rating on shares of Wilmington in a report on Thursday, September 19th. Canaccord Genuity increased their price objective on shares of Wilmington from GBX 255 ($3.33) to GBX 280 ($3.66) and gave the stock a “buy” rating in a research report on Friday, September 27th.

The company has a current ratio of 0.63, a quick ratio of 0.53 and a debt-to-equity ratio of 98.01. The company has a market capitalization of $195.25 million and a PE ratio of 17.70. The stock’s 50-day moving average is GBX 206 and its two-hundred day moving average is GBX 202.97.

The company also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 17th will be given a GBX 5 ($0.07) dividend. This is a positive change from Wilmington’s previous dividend of $4.10. This represents a yield of 2.53%. The ex-dividend date of this dividend is Thursday, October 17th. Wilmington’s dividend payout ratio is 0.71%.

In other news, insider Mark Milner acquired 20,000 shares of Wilmington stock in a transaction that occurred on Thursday, October 3rd. The shares were bought at an average cost of GBX 229 ($2.99) per share, with a total value of £45,800 ($59,845.81).

Wilmington Company Profile (LON:WIL)

Wilmington plc provides information, education, and networking services to professional markets worldwide. Its Risk & Compliance segment provides regulatory and compliance training and information, market intelligence, and analysis services. This segment focuses on international financial services and insurance markets, as well as the United Kingdom pensions industry, and risk and compliance officers.

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