Savills (LON:SVS) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Shares of Savills plc (LON:SVS) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,006.73 ($13.60) and traded as low as GBX 951 ($12.85). Savills shares last traded at GBX 963 ($13.01), with a volume of 172,284 shares.

Savills Stock Up 1.5%

The firm has a market cap of £1.32 billion, a P/E ratio of 29.93, a P/E/G ratio of 2.09 and a beta of 1.24. The company has a debt-to-equity ratio of 92.62, a quick ratio of 1.22 and a current ratio of 1.16. The firm’s fifty day moving average is GBX 946.80 and its 200 day moving average is GBX 1,006.73.

Savills (LON:SVS) last announced its earnings results on Friday, March 14th. The company reported GBX 66.20 ($0.89) EPS for the quarter. Savills had a net margin of 1.93% and a return on equity of 6.17%. As a group, equities research analysts anticipate that Savills plc will post 76.1455526 earnings per share for the current fiscal year.

Savills Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, April 10th were issued a dividend of GBX 23.10 ($0.31) per share. This is an increase from Savills’s previous dividend of $7.10. The ex-dividend date of this dividend was Thursday, April 10th. This represents a dividend yield of 2.46%. Savills’s payout ratio is presently 64.33%.

Insiders Place Their Bets

In other Savills news, insider John Waters acquired 1,000 shares of the company’s stock in a transaction on Wednesday, March 19th. The stock was acquired at an average price of GBX 975 ($13.18) per share, for a total transaction of £9,750 ($13,175.68). Corporate insiders own 9.23% of the company’s stock.

Savills Company Profile

Founded in the UK in 1855, Savills is one of the world’s leading property agents. Our experience and expertise spans the globe, with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East.

Our scale gives us wide-ranging specialist and local knowledge, and we take pride in providing best-in-class advice as we help individuals, businesses and institutions make better property decisions.