H&T Group (LON:HAT) Stock Price Passes Above 200 Day Moving Average - What's Next?

H&T Group plc (LON:HAT - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 391.22 ($5.30) and traded as high as GBX 638 ($8.65). H&T Group shares last traded at GBX 634 ($8.59), with a volume of 279,973 shares trading hands.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HAT. Canaccord Genuity Group boosted their target price on shares of H&T Group from GBX 531 ($7.20) to GBX 559 ($7.58) and gave the stock a "buy" rating in a research report on Tuesday, March 18th. Shore Capital restated a "house stock" rating on shares of H&T Group in a research report on Tuesday, March 18th.

H&T Group Price Performance

The firm has a 50 day moving average of GBX 473.81 and a 200-day moving average of GBX 396.72. The company has a debt-to-equity ratio of 46.82, a current ratio of 15.96 and a quick ratio of 4.55. The stock has a market capitalization of £277.14 million, a P/E ratio of 12.58 and a beta of 0.69.

H&T Group (LON:HAT - Get Free Report) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 51.17 ($0.69) earnings per share for the quarter. H&T Group had a return on equity of 12.14% and a net margin of 9.06%. On average, equities research analysts expect that H&T Group plc will post 54.3859649 earnings per share for the current fiscal year.

H&T Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 29th will be paid a dividend of GBX 11 ($0.15) per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a yield of 2.84%. This is an increase from H&T Group's previous dividend of $7.00. H&T Group's payout ratio is currently 35.61%.

About H&T Group

We are the UK's largest pawnbroker and a leading retailer of high quality new and pre-owned jewellery and watches. We provide a range of transparent and accessible financial products tailored for a customer base which has limited access to, or is excluded from, the traditional banking sector. Our vision is to make pawnbroking a more widely accepted and valued financial service by ensuring that borrowing against an asset is simple, inclusive and transparent.