Bisichi (LON:BISI) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Bisichi PLC (LON:BISI)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 110.30 ($1.35) and traded as low as GBX 100.50 ($1.23). Bisichi shares last traded at GBX 100.50 ($1.23), with a volume of 27 shares traded.

Bisichi Stock Performance

The company has a quick ratio of 1.03, a current ratio of 0.59 and a debt-to-equity ratio of 18.02. The firm has a 50-day moving average price of GBX 110.30 and a 200 day moving average price of GBX 102.16. The firm has a market capitalization of £10.73 million, a PE ratio of 418.75 and a beta of -0.10.

Bisichi Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 9th will be issued a GBX 3 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, January 9th. This represents a yield of 2.61%. Bisichi’s dividend payout ratio (DPR) is presently 2,916.67%.

Bisichi Company Profile

Bisichi PLC engages in the coal mining and processing activities in South Africa. The company owns an interest in the Black Wattle Colliery, a coal mining and washing operation located in Mpumulanga, South Africa. It is also involved in the retail property investment and residential property development activities in the United Kingdom, as well as share dealing business.