Experian (LON:EXPN) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Experian plc (LON:EXPN)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,698.97 ($46.24) and traded as high as GBX 3,990 ($49.88). Experian shares last traded at GBX 3,990 ($49.88), with a volume of 952,250 shares.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on EXPN. JPMorgan Chase & Co. boosted their target price on Experian from GBX 4,100 ($51.26) to GBX 4,400 ($55.01) and gave the stock an “overweight” rating in a report on Thursday, December 5th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 4,600 ($57.51) target price on shares of Experian in a report on Tuesday, December 17th. Finally, Shore Capital reiterated a “buy” rating on shares of Experian in a report on Wednesday, November 13th.

Experian Stock Performance

The stock has a market cap of £36.47 billion, a PE ratio of 3,990.00, a PEG ratio of 2.48 and a beta of 0.72. The stock has a fifty day simple moving average of GBX 3,652.36 and a two-hundred day simple moving average of GBX 3,698.97. The company has a debt-to-equity ratio of 94.22, a quick ratio of 0.76 and a current ratio of 0.70.

Experian Cuts Dividend

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

About Experian

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.