Experian (LON:EXPN) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Experian plc (LON:EXPN)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,684.30 ($45.51) and traded as high as GBX 3,830 ($47.31). Experian shares last traded at GBX 3,799.58 ($46.93), with a volume of 5,659,478 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on EXPN shares. JPMorgan Chase & Co. upped their price objective on Experian from GBX 4,100 ($50.64) to GBX 4,400 ($54.35) and gave the company an “overweight” rating in a report on Thursday, December 5th. Shore Capital restated a “buy” rating on shares of Experian in a report on Wednesday, November 13th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 4,600 ($56.82) target price on shares of Experian in a report on Tuesday, December 17th.

Experian Trading Down 0.7 %

The business has a 50 day moving average of GBX 3,624.16 and a 200-day moving average of GBX 3,684.30. The company has a current ratio of 0.70, a quick ratio of 0.76 and a debt-to-equity ratio of 94.22. The firm has a market capitalization of £34.72 billion, a P/E ratio of 3,799.58, a PEG ratio of 2.48 and a beta of 0.72.

Experian Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 9th will be issued a dividend of $0.19 per share. This represents a yield of 0.39%. The ex-dividend date of this dividend is Thursday, January 9th. Experian’s dividend payout ratio (DPR) is presently 4,600.00%.

Experian Company Profile

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software.