Bunzl PLC (OTCMKTS:BZLFY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $15.92 and traded as high as $16.03. Bunzl shares last traded at $15.91, with a volume of 23,558 shares traded.
Analyst Ratings Changes
BZLFY has been the topic of several recent research reports. Kepler Capital Markets raised Bunzl to a "hold" rating in a report on Thursday, June 19th. Hsbc Global Res raised Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 20th. Deutsche Bank Aktiengesellschaft raised shares of Bunzl from a "hold" rating to a "buy" rating in a research report on Monday, March 24th. Barclays upgraded shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 31st. Finally, Peel Hunt cut shares of Bunzl from a "moderate buy" rating to a "hold" rating in a research report on Thursday, April 24th. Four research analysts have rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy".
Check Out Our Latest Stock Report on BZLFY
Bunzl Trading Up 0.3%
The business has a 50-day moving average price of $15.92 and a two-hundred day moving average price of $18.58. The company has a current ratio of 1.18, a quick ratio of 0.76 and a debt-to-equity ratio of 0.49.
Bunzl Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Monday, May 26th will be given a dividend of $0.3289 per share. The ex-dividend date is Friday, May 23rd. This is an increase from Bunzl's previous dividend of $0.25. This represents a dividend yield of 2.63%.
About Bunzl
(
Get Free Report)
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.
Further Reading
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