Shares of Bunzl PLC (OTCMKTS:BZLFY - Get Free Report) saw an uptick in trading volume on Wednesday . 217,184 shares changed hands during mid-day trading, an increase of 131% from the previous session's volume of 94,042 shares.The stock last traded at $15.76 and had previously closed at $16.11.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on BZLFY. Peel Hunt cut shares of Bunzl from a "moderate buy" rating to a "hold" rating in a research note on Thursday, April 24th. Hsbc Global Res raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 20th. Barclays raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 31st. Kepler Capital Markets raised shares of Bunzl to a "hold" rating in a research note on Thursday, June 19th. Finally, Royal Bank Of Canada cut shares of Bunzl from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, June 17th. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy".
Read Our Latest Stock Report on Bunzl
Bunzl Trading Up 0.3%
The company has a current ratio of 1.18, a quick ratio of 0.76 and a debt-to-equity ratio of 0.49. The stock's 50-day simple moving average is $15.92 and its 200 day simple moving average is $18.52.
Bunzl Increases Dividend
The company also recently declared a dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Monday, May 26th will be given a dividend of $0.3289 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 2.63%. This is a boost from Bunzl's previous dividend of $0.25.
About Bunzl
(
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Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.
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