Ocean Wilsons (LON:OCN) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Ocean Wilsons Holdings Limited (LON:OCN)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,332.16 ($17.18) and traded as high as GBX 1,403.50 ($18.11). Ocean Wilsons shares last traded at GBX 1,395 ($18.00), with a volume of 15,852 shares trading hands.

Ocean Wilsons Trading Down 5.0 %

The company has a current ratio of 2.74, a quick ratio of 2.96 and a debt-to-equity ratio of 85.64. The company has a market cap of £584.20 million, a PE ratio of 9.47 and a beta of 0.96. The company has a fifty day simple moving average of GBX 1,334.97 and a two-hundred day simple moving average of GBX 1,332.11.

Ocean Wilsons Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Thursday, April 24th will be paid a $1.22 dividend. The ex-dividend date is Thursday, April 24th. This is a boost from Ocean Wilsons’s previous dividend of $0.85. This represents a yield of 6.64%. Ocean Wilsons’s dividend payout ratio (DPR) is currently 47.87%.

About Ocean Wilsons

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.