Murray International (LON:MYI) Stock Passes Above 50 Day Moving Average – Here’s Why

Murray International (LON:MYI)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 268.17 ($3.46) and traded as high as GBX 271 ($3.50). Murray International shares last traded at GBX 265.50 ($3.43), with a volume of 1,652,613 shares trading hands.

Murray International Stock Performance

The company has a market capitalization of £1.58 billion, a price-to-earnings ratio of 8.83 and a beta of 0.79. The company has a debt-to-equity ratio of 6.48, a current ratio of 11.36 and a quick ratio of 0.70. The company’s 50-day moving average price is GBX 268.17 and its two-hundred day moving average price is GBX 258.86.

Murray International (LON:MYI) last issued its quarterly earnings results on Thursday, March 6th. The company reported GBX 11.60 ($0.15) earnings per share for the quarter. Murray International had a return on equity of 10.98% and a net margin of 90.03%.

Murray International Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 19th. Shareholders of record on Thursday, April 3rd will be paid a GBX 4.30 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This is a positive change from Murray International’s previous dividend of $2.50. This represents a yield of 1.6%. Murray International’s payout ratio is 39.91%.

Murray International Company Profile

A high conviction global portfolio built with the potential to grow capital and deliver a strong and rising income