Tyman (LON:TYMN) Stock Price Crosses Above 200-Day Moving Average of $285.78

Tyman plc (LON:TYMNGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 285.78 ($3.66) and traded as high as GBX 290 ($3.72). Tyman shares last traded at GBX 288.50 ($3.70), with a volume of 224,290 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 360 ($4.61) target price on shares of Tyman in a research report on Thursday, March 7th.

Get Our Latest Stock Analysis on Tyman

Tyman Price Performance

The stock has a market capitalization of £562.58 million, a P/E ratio of 1,518.42, a price-to-earnings-growth ratio of 0.88 and a beta of 1.47. The company has a debt-to-equity ratio of 44.03, a quick ratio of 1.16 and a current ratio of 1.64. The stock has a 50-day simple moving average of GBX 297.40 and a 200 day simple moving average of GBX 285.73.

Tyman Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 25th will be paid a dividend of GBX 9.50 ($0.12) per share. This represents a yield of 3.22%. The ex-dividend date is Thursday, April 25th. This is an increase from Tyman’s previous dividend of $4.20. Tyman’s dividend payout ratio (DPR) is presently 7,368.42%.

Tyman Company Profile

(Get Free Report)

Tyman plc designs, manufactures, and supplies engineered fenestration components and access solutions to the construction industry. It operates through three divisions: Tyman North America, Tyman UK & Ireland, and Tyman International. The Tyman North America division offers offers single and multipoint locking systems, decorative handle trim sets, and precision rollers; operators, tie bar/locks, and hinges for casement and awning applications; and locks/keepers, integrated tilt latches, rollers, balance systems, seals, and extruded profiles for hung and sliding window applications, as well as various specialty access and safety products, including smoke vents, roof access hatches, floor access doors, and ladder posts.

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