St. James’s Place (LON:STJ) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

St. James’s Place plc (LON:STJ) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 878.12 ($11.34) and traded as high as GBX 1,034 ($13.35). St. James’s Place shares last traded at GBX 1,026.95 ($13.26), with a volume of 2,444,233 shares traded.

St. James’s Place Stock Down 0.1 %

The company has a current ratio of 0.60, a quick ratio of 3.85 and a debt-to-equity ratio of 55.10. The firm’s fifty day moving average price is GBX 1,023.62 and its 200-day moving average price is GBX 878.12. The company has a market cap of £5.55 billion, a price-to-earnings ratio of -860.73, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23.

St. James’s Place (LON:STJ) last posted its earnings results on Thursday, February 27th. The company reported GBX 73 ($0.94) earnings per share (EPS) for the quarter. St. James’s Place had a negative return on equity of 0.63% and a negative net margin of 0.02%. Sell-side analysts predict that St. James’s Place plc will post 67.9947461 earnings per share for the current year.

St. James’s Place Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 10th will be paid a GBX 12 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 1.17%. This is a positive change from St. James’s Place’s previous dividend of $6.00. St. James’s Place’s payout ratio is presently -1,173.40%.

Insider Activity

In other news, insider Rooney Anand purchased 10,509 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of GBX 1,032 ($13.32) per share, for a total transaction of £108,452.88 ($140,029.54). Corporate insiders own 0.72% of the company’s stock.

St. James’s Place Company Profile

We plan, grow and protect the financial futures of nearly one million clients across the UK by providing holistic advice-led wealth management, delivered exclusively by the Partnership, our group of more than 4,800 highly skilled advisers.

We offer an integrated client proposition, through which we provide financial advice, investment product wrappers such as pensions, investment bonds and ISAs, and offer our own range of investment funds and portfolios.