Experian (OTCMKTS:EXPGY) Shares Down 0.4% - What's Next?

Key Points

• Experian PLC's stock price fell by 0.4%, closing at $51.48 after trading as low as $51.22 and experiencing an 85% increase in trading volume.
• Citigroup has maintained a "neutral" rating on Experian's shares, indicating a lack of strong buy or sell sentiment.
• Experian recently increased its dividend to $0.4075 from $0.19, representing a yield of 114.0%, which reflects a positive change for shareholders.

Experian PLC (OTCMKTS:EXPGY - Get Free Report) shares traded down 0.4% during mid-day trading on Friday . The stock traded as low as $51.22 and last traded at $51.48. 120,494 shares were traded during trading, an increase of 85% from the average session volume of 65,197 shares. The stock had previously closed at $51.70.

Wall Street Analysts Forecast Growth

Separately, Citigroup restated 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 issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy".

Experian Stock Performance

The company has a debt-to-equity ratio of 0.87, a current ratio of 0.71 and a quick ratio of 0.71. The company has a 50-day simple moving average of $52.28 and a 200 day simple moving average of $49.56.

Experian Increases Dividend

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

Experian Company Profile

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.