Experian (OTCMKTS:EXPGY) Stock Price Crosses Below 50 Day Moving Average - Here's What Happened

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 share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty 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 changing hands.

Analyst Ratings Changes

Separately, Citigroup reaffirmed a "neutral" rating on shares of Experian in a research report on Wednesday, July 16th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy".

Experian Price Performance

The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.71 and a current ratio of 0.71. The business's 50 day simple moving average is $52.40 and its two-hundred day simple moving average is $50.02.

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.