Scentre Group (ASX:SCG) Shares Cross Below 50-Day Moving Average of $3.96
Scentre Group (ASX:SCG)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.96 and traded as low as $3.85. Scentre Group shares last traded at $3.90, with a volume of 13,217,548 shares.
The company has a debt-to-equity ratio of 65.72, a quick ratio of 0.16 and a current ratio of 0.25. The firm has a market capitalization of $20.74 billion and a P/E ratio of 9.07. The company has a 50-day moving average price of A$3.96 and a 200-day moving average price of A$3.92.
The business also recently declared a Interim dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 30th will be given a $0.113 dividend. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a dividend yield of 2.83%. Scentre Group’s dividend payout ratio is currently 51.16%.
Scentre Group (ASX Code: SCG) is the owner and operator of Westfield in Australia and New Zealand with interests in 41 centres, encompassing approximately 11,500 outlets and total assets under management of $54.2 billion.
Further Reading: Equity Income
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