Nichols plc (LON:NICL - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,273.83 ($17.14) and traded as low as GBX 1,250 ($16.82). Nichols shares last traded at GBX 1,260.05 ($16.95), with a volume of 36,430 shares.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,760 ($23.68) price target on shares of Nichols in a report on Wednesday, April 23rd.
Check Out Our Latest Analysis on Nichols
Nichols Stock Up 1.4%
The stock has a market capitalization of £490.93 million, a P/E ratio of 26.23 and a beta of 0.50. The company has a debt-to-equity ratio of 1.80, a current ratio of 3.73 and a quick ratio of 2.58. The firm has a 50-day simple moving average of GBX 1,239 and a 200 day simple moving average of GBX 1,274.74.
Nichols (LON:NICL - Get Free Report) last issued its quarterly earnings data on Wednesday, March 12th. The company reported GBX 64.02 ($0.86) earnings per share (EPS) for the quarter. Nichols had a return on equity of 18.96% and a net margin of 11.07%. On average, equities research analysts forecast that Nichols plc will post 62.4371859 EPS for the current year.
Nichols Cuts Dividend
The firm also recently announced a dividend, which was paid on Thursday, May 1st. Shareholders of record on Thursday, March 20th were issued a GBX 17.10 ($0.23) dividend. The ex-dividend date was Thursday, March 20th. This represents a yield of 1.25%. Nichols's payout ratio is currently 60.49%.
About Nichols
(
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Established in 1908, Nichols operates within the resilient soft drinks category and owns or licenses several brands. Nichols is geographically and operationally diversified, operating across three routes to market of UK Packaged, International Packaged and Out of Home.
In the UK, Nichols operates across five soft drinks sub-categories: squash, flavoured carbonates, fruit drinks, energy and flavoured water.
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