H&T Group (LON:HAT) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

H&T Group plc (LON:HAT - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 365.03 ($4.86) and traded as high as GBX 451 ($6.00). H&T Group shares last traded at GBX 434.79 ($5.79), with a volume of 186,277 shares changing hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on HAT shares. Shore Capital reiterated a "house stock" rating on shares of H&T Group in a research note on Tuesday, March 18th. Canaccord Genuity Group boosted their price objective on H&T Group from GBX 531 ($7.07) to GBX 559 ($7.44) and gave the company a "buy" rating in a research note on Tuesday, March 18th.

H&T Group Stock Up 39.8%

The company has a quick ratio of 4.55, a current ratio of 15.96 and a debt-to-equity ratio of 46.82. The business's fifty day moving average price is GBX 392.25 and its 200 day moving average price is GBX 366.98. The firm has a market capitalization of £279.05 million, a PE ratio of 12.67 and a beta of 0.69.

H&T Group (LON:HAT - Get Free Report) last released its quarterly earnings results on Tuesday, March 18th. The company reported GBX 51.17 ($0.68) EPS 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 forecast that H&T Group plc will post 54.3859649 earnings per share for the current fiscal year.

H&T Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, May 29th will be given a GBX 11 ($0.15) dividend. The ex-dividend date is Thursday, May 29th. This represents a dividend yield of 2.84%. This is a boost from H&T Group's previous dividend of $7.00. H&T Group's dividend payout ratio (DPR) 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.