Ocean Wilsons (LON:OCN) Shares Cross Above 200 Day Moving Average - Should You Sell?

Ocean Wilsons Holdings Limited (LON:OCN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,345.93 ($18.22) and traded as high as GBX 1,610 ($21.80). Ocean Wilsons shares last traded at GBX 1,585 ($21.46), with a volume of 128,207 shares changing hands.

Ocean Wilsons Stock Performance

The company has a debt-to-equity ratio of 85.64, a quick ratio of 2.96 and a current ratio of 2.74. The company has a market capitalization of £683.40 million, a price-to-earnings ratio of 11.07 and a beta of 0.96. The firm's 50 day simple moving average is GBX 1,401.66 and its 200-day simple moving average is GBX 1,349.98.

Ocean Wilsons Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Thursday, April 24th were paid a $1.22 dividend. The ex-dividend date of this dividend was Thursday, April 24th. This is an increase from Ocean Wilsons's previous dividend of $0.85. This represents a dividend yield of 6.64%. Ocean Wilsons's dividend 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.