Bellway (LON:BWY) Stock Price Crosses Above 200-Day Moving Average - Here's What Happened

Bellway p.l.c. (LON:BWY - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,460.38 ($33.11) and traded as high as GBX 2,701.93 ($36.37). Bellway shares last traded at GBX 2,664 ($35.85), with a volume of 393,494 shares traded.

Bellway Stock Up 0.1%

The stock has a market cap of £3.19 billion, a P/E ratio of 24.64, a P/E/G ratio of 3.40 and a beta of 1.46. The company's 50 day moving average price is GBX 2,543.39 and its two-hundred day moving average price is GBX 2,462.24. The company has a quick ratio of 0.50, a current ratio of 5.26 and a debt-to-equity ratio of 3.75.

Bellway (LON:BWY - Get Free Report) last posted its earnings results on Tuesday, March 25th. The company reported GBX 90.30 ($1.22) earnings per share (EPS) for the quarter. Bellway had a net margin of 5.48% and a return on equity of 3.78%. As a group, research analysts expect that Bellway p.l.c. will post 159.0741715 earnings per share for the current year.

Bellway Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 27th. Investors of record on Thursday, April 17th were given a dividend of GBX 95 ($1.28) per share. The ex-dividend date was Thursday, April 17th. This represents a dividend yield of 2.55%. This is a boost from Bellway's previous dividend of $38.00. Bellway's dividend payout ratio (DPR) 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.