Senior (LON:SNR) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Senior plc (LON:SNR) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 153.77 ($1.98) and traded as high as GBX 163.60 ($2.11). Senior shares last traded at GBX 162.40 ($2.09), with a volume of 51,337,906 shares trading hands.

Senior Stock Performance

The company has a debt-to-equity ratio of 59.35, a current ratio of 1.56 and a quick ratio of 0.84. The company has a 50 day moving average of GBX 162.57 and a two-hundred day moving average of GBX 153.77. The company has a market capitalization of £680.34 million, a PE ratio of 22.11, a PEG ratio of 0.11 and a beta of 1.47.

Senior (LON:SNR) last released its quarterly earnings results on Monday, March 3rd. The company reported GBX 7.17 ($0.09) earnings per share for the quarter. Senior had a return on equity of 6.67% and a net margin of 3.09%. As a group, equities research analysts predict that Senior plc will post 5.8304196 earnings per share for the current year.

Senior Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 1st will be given a GBX 1.65 ($0.02) dividend. This represents a yield of 1.01%. The ex-dividend date is Thursday, May 1st. This is a boost from Senior’s previous dividend of $0.75. Senior’s payout ratio is currently 27.22%.

About Senior

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.