Bellway (LON:BWY) Shares Cross Above 200 Day Moving Average - Time to Sell?

Bellway p.l.c. (LON:BWY - Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,478.53 ($33.63) and traded as high as GBX 2,991 ($40.59). Bellway shares last traded at GBX 2,982 ($40.47), with a volume of 250,310 shares changing hands.

Bellway Stock Down 1.8%

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 company has a market capitalization of £3.40 billion, a price-to-earnings ratio of 26.29, a P/E/G ratio of 3.40 and a beta of 1.46. The stock's fifty day moving average price is GBX 2,642.56 and its 200-day moving average price is GBX 2,483.80.

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

Bellway Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Thursday, April 17th were issued a dividend of GBX 95 ($1.29) per share. This represents a yield of 2.55%. This is an increase from Bellway's previous dividend of $38.00. The ex-dividend date of this dividend was Thursday, April 17th. Bellway's payout ratio is presently 100.84%.

About Bellway

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.