Experian (OTCMKTS:EXPGY) Sees Strong Trading Volume - Still a Buy?

Key Points

• Experian PLC experienced a significant increase in trading volume on Monday, with 276,921 shares traded—up by 211% from the previous session.
• The company recently announced a dividend increase, with stockholders receiving a payout of $0.4075 per share, boosting the dividend yield to 114.0%.
• Citigroup has reissued a "neutral" rating on Experian, indicating cautious sentiment among analysts regarding the stock's performance.

Shares of Experian PLC (OTCMKTS:EXPGY - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 276,921 shares traded hands during trading, an increase of 211% from the previous session's volume of 89,171 shares.The stock last traded at $51.26 and had previously closed at $51.48.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated a "neutral" rating on shares of Experian in a report on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Experian has an average rating of "Buy".

Experian Trading Up 1.0%

The firm's 50-day simple moving average is $52.35 and its 200 day simple moving average is $49.62. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.71 and a current ratio of 0.71.

Experian Increases Dividend

The business also recently declared a dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 23rd were paid a $0.4075 dividend. This is a positive change from Experian's previous dividend of $0.19. This represents a yield of 114.0%. The ex-dividend date was Friday, June 20th.

About Experian

Experian plc, together with its subsidiaries, operates as a technology company in North America, Latin America, the United Kingdom, Ireland, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Business-to-Business and Consumer Services. The company collects, sorts, aggregates, and transforms data from various sources to provide a range of data-driven services.