Rathbone Brothers (LON:RAT) Share Price Crosses Above 200 Day Moving Average of $2,253.52

Rathbone Brothers plc (LON:RAT)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2,253.52 and traded as high as $2,165.00. Rathbone Brothers shares last traded at $2,165.00, with a volume of 11,475 shares changing hands.

A number of brokerages have issued reports on RAT. Peel Hunt reissued a “buy” rating on shares of Rathbone Brothers in a research note on Monday, July 22nd. Numis Securities reissued a “hold” rating on shares of Rathbone Brothers in a research note on Thursday, May 9th. Finally, Shore Capital reissued a “hold” rating on shares of Rathbone Brothers in a research note on Wednesday, July 24th.

The business’s 50 day simple moving average is GBX 2,158.70 and its 200-day simple moving average is GBX 2,253.52. The company has a market cap of $1.20 billion and a price-to-earnings ratio of 47.69. The company has a debt-to-equity ratio of 17.42, a quick ratio of 0.12 and a current ratio of 1.11.



The business also recently announced a dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Thursday, September 5th will be paid a dividend of GBX 25 ($0.33) per share. This represents a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, September 5th. Rathbone Brothers’s dividend payout ratio (DPR) is currently 1.47%.

Rathbone Brothers Company Profile (LON:RAT)

Rathbone Brothers Plc, through its subsidiaries, provides personalized investment and wealth management services for private clients, charities, and trustees in the United Kingdom and Jersey. Its services include discretionary investment management, unit trusts, financial planning, banking and loan, and unitized portfolio services, as well as trust, legal, estate, and tax advisory services.

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