Ocean Wilsons (LON:OCN) Shares Pass Below Two Hundred Day Moving Average of $1,308.80

Ocean Wilsons Holdings Limited (LON:OCN)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,308.80 ($16.63) and traded as low as GBX 1,290 ($16.39). Ocean Wilsons shares last traded at GBX 1,295 ($16.45), with a volume of 8,582 shares trading hands.

Ocean Wilsons Trading Down 0.8 %

The company has a 50 day moving average price of GBX 1,351.70 and a 200 day moving average price of GBX 1,308.80. The company has a debt-to-equity ratio of 67.23, a quick ratio of 2.96 and a current ratio of 2.87. The firm has a market cap of £457.91 million, a price-to-earnings ratio of 869.13 and a beta of 0.97.

Ocean Wilsons Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 14th. Shareholders of record on Thursday, May 16th were paid a dividend of $0.85 per share. This represents a yield of 4.93%. The ex-dividend date was Thursday, May 16th. This is a positive change from Ocean Wilsons’s previous dividend of $0.70. Ocean Wilsons’s dividend payout ratio (DPR) is 4,496.64%.

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.