Ocean Wilsons (LON:OCN) Stock Passes Below 200 Day Moving Average - Should You Sell?

Shares of Ocean Wilsons Holdings Limited (LON:OCN - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,328.16 ($17.62) and traded as low as GBX 1,314.30 ($17.44). Ocean Wilsons shares last traded at GBX 1,330 ($17.65), with a volume of 16,939 shares changing hands.

Ocean Wilsons Price Performance

The company has a quick ratio of 2.96, a current ratio of 2.74 and a debt-to-equity ratio of 85.64. The business's 50-day moving average is GBX 1,351.22 and its two-hundred day moving average is GBX 1,326.13. The company has a market capitalization of £593.02 million, a P/E ratio of 9.61 and a beta of 0.96.

Ocean Wilsons Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Thursday, April 24th will be given a $1.22 dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 6.64%. This is a boost from Ocean Wilsons's previous dividend of $0.85. Ocean Wilsons's payout ratio is currently 47.87%.

About Ocean Wilsons

Ocean Wilsons Holdings Limited, an investment holding company, offers maritime and logistics services in Brazil. It operates in two segments, Maritime Services and Investments. The Maritime Services segment provides towage, ship agency, port terminals, offshore, logistics, and shipyard services. The Investments segment holds a portfolio of international investments.