Savills (LON:SVS) Stock Price Crosses Below Two Hundred Day Moving Average of $932.85

Shares of Savills plc (LON:SVS – Get Rating) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 932.85 ($11.60) and traded as low as GBX 910.50 ($11.32). Savills shares last traded at GBX 918.50 ($11.42), with a volume of 94,602 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Numis Securities reiterated a “buy” rating and issued a GBX 1,375 ($17.10) price objective on shares of Savills in a research report on Thursday, March 16th.

Savills Stock Down 0.4 %

The company has a debt-to-equity ratio of 79.39, a quick ratio of 1.22 and a current ratio of 1.24. The business has a 50-day moving average of GBX 948.49 and a 200-day moving average of GBX 932.85. The stock has a market capitalization of £1.32 billion, a price-to-earnings ratio of 1,120.12, a P/E/G ratio of 2.09 and a beta of 1.29.

Savills Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, May 22nd. Shareholders of record on Thursday, April 6th were issued a dividend of GBX 29 ($0.36) per share. The ex-dividend date was Thursday, April 6th. This is a positive change from Savills’s previous dividend of $6.60. This represents a yield of 2.91%. Savills’s dividend payout ratio is 2,439.02%.

Insider Buying and Selling at Savills

In other news, insider Simon J. B. Shaw sold 11,758 shares of Savills stock in a transaction dated Friday, April 21st. The stock was sold at an average price of GBX 977 ($12.15), for a total transaction of £114,875.66 ($142,880.17). Insiders own 7.14% of the company’s stock.

About Savills

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Savills plc, together with its subsidiaries, provides real estate services in the United Kingdom, Continental Europe, the Asia Pacific, Africa, North America, and the Middle East. The company advises on commercial, residential, rural, and leisure properties; and offers corporate finance advisory, investment management, and a range of property-related financial services.