Experian (OTCMKTS:EXPGY) Trading Down 0.1% - Here's Why

Key Points

• Experian PLC shares saw a slight decline of 0.1%, trading at $54.65 with a significant drop in trading volume, down 59% from the average.
• The company recently increased its dividend to $0.4075 per share, yielding 1.14%, which has been an improvement from the previous dividend of $0.19.
• Citigroup maintains a "neutral" rating on Experian shares following their recent performance, indicating cautious outlook from analysts.

Experian PLC (OTCMKTS:EXPGY - Get Free Report)'s share price dropped 0.1% during mid-day trading on Friday . The company traded as low as $54.34 and last traded at $54.65. Approximately 46,836 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 112,923 shares. The stock had previously closed at $54.71.

Wall Street Analysts Forecast Growth

Separately, Citigroup restated a "neutral" rating on shares of Experian in a report on Wednesday, July 16th.

Experian Trading Down 0.3%

The stock has a 50 day moving average of $51.98 and a 200 day moving average of $48.98. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.87.

Experian Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 18th. Investors 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 dividend yield of 1.14%. 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.