Ocean Wilsons (LON:OCN) Stock Passes Above 200 Day Moving Average - Time to Sell?

Ocean Wilsons Holdings Limited (LON:OCN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,333.24 ($18.15) and traded as high as GBX 1,545 ($21.03). Ocean Wilsons shares last traded at GBX 1,510 ($20.56), with a volume of 19,647 shares traded.

Ocean Wilsons Stock Up 0.7%

The firm has a 50 day moving average of GBX 1,370.97 and a two-hundred day moving average of GBX 1,333.24. 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 firm has a market capitalization of £670.18 million, a price-to-earnings ratio of 10.86 and a beta of 0.96.

Ocean Wilsons Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Thursday, April 24th were issued a dividend of $1.22 per share. This is a boost from Ocean Wilsons's previous dividend of $0.85. This represents a dividend yield of 6.64%. The ex-dividend date of this dividend was Thursday, April 24th. Ocean Wilsons's payout ratio is 47.87%.

Ocean Wilsons Company Profile

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.