Bisichi (LON:BISI) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Bisichi PLC (LON:BISI)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 105.77 ($1.33) and traded as low as GBX 104.50 ($1.32). Bisichi shares last traded at GBX 104.50 ($1.32), with a volume of 140 shares changing hands.

Bisichi Stock Performance

The stock has a market capitalization of £11.26 million, a price-to-earnings ratio of 4.41 and a beta of -0.10. The company has a debt-to-equity ratio of 19.85, a quick ratio of 1.03 and a current ratio of 0.59. The company’s 50 day moving average is GBX 108.12 and its 200 day moving average is GBX 105.77.

Bisichi Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were paid a GBX 3 ($0.04) dividend. This represents a dividend yield of 2.61%. The ex-dividend date of this dividend was Thursday, January 9th. Bisichi’s dividend payout ratio is 29.39%.

Bisichi Company Profile

Bisichi PLC engages in the coal mining and processing activities in South Africa. The company owns an interest in the Black Wattle Colliery, a coal mining and washing operation located in Mpumulanga, South Africa. It is also involved in the retail property investment and residential property development activities in the United Kingdom, as well as share dealing business.