Bellway (LON:BWY) Shares Cross Above 200-Day Moving Average - What's Next?

Bellway p.l.c. (LON:BWY - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,478.53 ($33.63) and traded as high as GBX 2,991 ($40.58). Bellway shares last traded at GBX 2,982 ($40.46), with a volume of 250,310 shares traded.

Bellway Price Performance

The company has a 50-day moving average of GBX 2,616.48 and a 200 day moving average of GBX 2,478.53. The company has a quick ratio of 0.50, a current ratio of 5.26 and a debt-to-equity ratio of 3.75. The stock has a market capitalization of £3.46 billion, a PE ratio of 26.76, a PEG ratio of 3.40 and a beta of 1.46.

Bellway (LON:BWY - Get Free Report) last announced its quarterly earnings data on Tuesday, March 25th. The company reported GBX 90.30 ($1.23) earnings per share (EPS) for the quarter. Bellway had a net margin of 5.48% and a return on equity of 3.78%. Sell-side analysts predict that Bellway p.l.c. will post 159.0741715 EPS for the current year.

Bellway Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Thursday, April 17th were given a GBX 95 ($1.29) dividend. The ex-dividend date was Thursday, April 17th. This is a positive change from Bellway's previous dividend of $38.00. This represents a dividend yield of 2.55%. Bellway's dividend payout ratio is 100.84%.

Bellway Company Profile

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.