Robinson (LON:RBN) Shares Pass Below Two Hundred Day Moving Average of $81.38

Robinson plc (LON:RBNGet Rating)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 81.38 ($0.98) and traded as low as GBX 80 ($0.97). Robinson shares last traded at GBX 80 ($0.97), with a volume of 0 shares traded.

Robinson Stock Performance

The firm’s fifty day moving average price is GBX 81.04 and its 200-day moving average price is GBX 81.38. The company has a current ratio of 1.50, a quick ratio of 1.04 and a debt-to-equity ratio of 73.38. The company has a market cap of ¬£13.40 million and a P/E ratio of 425.00.

Robinson Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 22nd will be paid a GBX 2.50 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, September 22nd. This represents a yield of 3.13%.

About Robinson

(Get Rating)

Robinson plc engages in the manufacture and sale of plastic and paperboard packaging products in the United Kingdom, Poland, Denmark, and internationally. The company provides various plastic packaging products comprising HDPE and PP bottles, and PET bottles; pots, tubs, and containers; caps, closures, and over caps; and various jars.

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