WH Smith (LON:SMWH) Stock Passes Above Two Hundred Day Moving Average of $2,043.09

WH Smith Plc (LON:SMWH)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2,043.09 and traded as high as $2,322.00. WH Smith shares last traded at $2,314.00, with a volume of 529,520 shares traded.

Several equities research analysts have commented on the company. Peel Hunt restated a “buy” rating and issued a GBX 2,550 ($33.32) price objective on shares of WH Smith in a research report on Monday, October 14th. UBS Group restated a “sell” rating on shares of WH Smith in a research report on Friday, October 11th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 2,550 ($33.32) price objective on shares of WH Smith in a research report on Thursday, October 17th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of GBX 2,344.17 ($30.63).

The company has a current ratio of 1.07, a quick ratio of 0.44 and a debt-to-equity ratio of 96.62. The company has a 50-day simple moving average of GBX 2,117.68 and a 200 day simple moving average of GBX 2,044.01. The firm has a market cap of $2.66 billion and a PE ratio of 23.81.

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The business also recently disclosed a dividend, which will be paid on Thursday, January 30th. Shareholders of record on Thursday, January 9th will be given a GBX 41 ($0.54) dividend. This represents a yield of 1.86%. The ex-dividend date of this dividend is Thursday, January 9th. This is a positive change from WH Smith’s previous dividend of $17.20. WH Smith’s dividend payout ratio is currently 0.84%.

In other WH Smith news, insider Simon Emeny bought 2,000 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were purchased at an average price of GBX 2,238 ($29.24) per share, for a total transaction of £44,760 ($58,486.87). Also, insider Robert Moorhead sold 13,147 shares of the stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of GBX 2,272 ($29.69), for a total value of £298,699.84 ($390,304.25).

WH Smith Company Profile (LON:SMWH)

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. As of August 31, 2018, it operated 867 units primarily in airports, railway stations, motorway service areas, hospitals, and workplaces.

Further Reading: Momentum Indicator: Relative Strength Index

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