PZ Cussons (LON:PZC) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of PZ Cussons plc (LON:PZC) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 96.23 ($1.21) and traded as low as GBX 84.60 ($1.07). PZ Cussons shares last traded at GBX 86.80 ($1.10), with a volume of 656,261 shares traded.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 120 ($1.51) target price on shares of PZ Cussons in a research report on Friday, November 22nd.

PZ Cussons Stock Performance

The company has a market cap of £357.82 million, a PE ratio of -609.29, a PEG ratio of 1.13 and a beta of 0.26. The company has a 50-day moving average of GBX 84.38 and a 200-day moving average of GBX 96.23. The company has a quick ratio of 1.36, a current ratio of 1.18 and a debt-to-equity ratio of 75.98.

PZ Cussons Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, December 4th. Stockholders of record on Thursday, October 31st were issued a GBX 2.10 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a dividend yield of 2.03%. This is an increase from PZ Cussons’s previous dividend of $1.50. PZ Cussons’s dividend payout ratio is currently -2,857.14%.

Insiders Place Their Bets

In other news, insider Jonathan Myers sold 69,429 shares of the company’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of GBX 90 ($1.14), for a total transaction of £62,486.10 ($78,866.72). Insiders own 43.74% of the company’s stock.

PZ Cussons Company Profile

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.