Experian (OTCMKTS:EXPGY) Shares Cross Below 50 Day Moving Average - Should You Sell?

Key Points

• Experian PLC shares fell below their 50-day moving average of $52.46, trading as low as $52.02, with the last trade at $52.06.
• Citigroup has reissued a "neutral" rating on Experian, while the average rating among analysts is currently a "Buy."
• Experian recently increased its dividend to $0.4075, significantly up from the previous $0.19, representing a remarkable yield of 114.0%.

Experian PLC (OTCMKTS:EXPGY - Get Free Report)'s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $52.46 and traded as low as $52.02. Experian shares last traded at $52.06, with a volume of 41,225 shares trading hands.

Wall Street Analysts Forecast Growth

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

Experian Trading Down 0.1%

The firm has a fifty day moving average price of $52.46 and a 200 day moving average price of $50.00. 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 company also recently declared a dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.4075 per share. This represents a dividend yield of 114.0%. This is a boost from Experian's previous dividend of $0.19. The ex-dividend date of this dividend 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.