Challenger (ASX:CGF) Shares Pass Below 200 Day Moving Average of $7.50
Challenger Ltd (ASX:CGF)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.50 and traded as low as $7.18. Challenger shares last traded at $7.29, with a volume of 7,571,448 shares.
The stock’s fifty day moving average price is A$6.78 and its 200 day moving average price is A$7.50. The stock has a market cap of $4.46 billion and a P/E ratio of 16.27. The company has a current ratio of 1.71, a quick ratio of 1.61 and a debt-to-equity ratio of 204.13.
The business also recently declared a Final dividend, which will be paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 25th will be issued a $0.18 dividend. This represents a dividend yield of 2.59%. The ex-dividend date is Friday, August 30th. Challenger’s payout ratio is 80.36%.
Challenger Limited is a publicly owned investment manager. The company also provides retirement services to its clients. It manages equity mutual funds. The firm invests into the public equity markets. Challenger Limited was founded in 1985 and is based in Australia, Asia and United Kingdom.
Featured Article: What moving averages are used to define a golden cross?
Receive News & Ratings for Challenger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Challenger and related companies with MarketBeat.com's FREE daily email newsletter.