Wilmington (LON:WIL) Share Price Passes Below 200 Day Moving Average of $202.71

Wilmington PLC (LON:WIL) shares 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.

WIL has been the subject of a number of research analyst reports. Canaccord Genuity lifted their price objective on shares of Wilmington from GBX 255 ($3.33) to GBX 280 ($3.66) and gave the company a “buy” rating in a report on Friday, September 27th. Shore Capital reiterated a “hold” rating on shares of Wilmington in a report on Thursday, September 19th.

The company has a debt-to-equity ratio of 98.01, a quick ratio of 0.53 and a current ratio of 0.63. The stock has a market cap of $195.25 million and a P/E ratio of 17.70. The firm’s 50 day moving average is GBX 204.82 and its 200 day moving average is GBX 202.71.

The company also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 17th will be paid a dividend of GBX 5 ($0.07) per share. This represents a dividend yield of 2.53%. The ex-dividend date of this dividend is Thursday, October 17th. This is a positive change from Wilmington’s previous dividend of $4.10. Wilmington’s 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 stock was purchased at an average price of GBX 229 ($2.99) per share, for a total transaction 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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