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

Bellway p.l.c. (LON:BWY - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,465.99 ($33.38) and traded as high as GBX 2,696 ($36.49). Bellway shares last traded at GBX 2,684 ($36.33), with a volume of 353,131 shares trading hands.

Bellway Stock Performance

The stock has a market capitalization of £3.11 billion, a P/E ratio of 24.00, a PEG ratio of 3.40 and a beta of 1.46. The stock's fifty day moving average price is GBX 2,570.79 and its 200 day moving average price is GBX 2,468.34. The company has a debt-to-equity ratio of 3.75, a current ratio of 5.26 and a quick ratio of 0.50.

Bellway (LON:BWY - Get Free Report) last released its quarterly earnings data 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%. Research analysts forecast that Bellway p.l.c. will post 159.0741715 earnings per share for the current year.

Bellway Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 27th. Investors of record on Thursday, April 17th were issued a GBX 95 ($1.29) dividend. This is a positive change from Bellway's previous dividend of $38.00. The ex-dividend date of this dividend was Thursday, April 17th. This represents a dividend 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.