Bellway (LON:BWY) Stock Price Crosses Above 200-Day Moving Average - Time to Sell?

Shares of Bellway p.l.c. (LON:BWY - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,502.50 ($33.21) and traded as high as GBX 2,690 ($35.70). Bellway shares last traded at GBX 2,680.65 ($35.57), with a volume of 535,149 shares trading hands.

Bellway Price Performance

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's 50 day moving average price is GBX 2,383.11 and its two-hundred day moving average price is GBX 2,485.41. The stock has a market cap of £3.28 billion, a price-to-earnings ratio of 25.37, a price-to-earnings-growth ratio of 3.40 and a beta of 1.46.

Bellway (LON:BWY - Get Free Report) last announced its quarterly earnings results on Tuesday, March 25th. The company reported GBX 90.30 ($1.20) earnings per share for the quarter. Bellway had a return on equity of 3.78% and a net margin of 5.48%. Equities research analysts forecast that Bellway p.l.c. will post 159.0741715 EPS for the current fiscal year.

Bellway Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Thursday, April 17th will be issued a GBX 95 ($1.26) dividend. The ex-dividend date is Thursday, April 17th. This is an increase from Bellway's previous dividend of $38.00. This represents a yield of 2.55%. Bellway's payout ratio is presently 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.