Royal Dutch Shell (LON:RDSA) Stock Crosses Below Two Hundred Day Moving Average of $2,440.14

Shares of Royal Dutch Shell Plc (LON:RDSA) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2,440.14 and traded as low as $2,375.00. Royal Dutch Shell shares last traded at $2,384.00, with a volume of 6,873,215 shares changing hands.

Several equities research analysts have recently commented on RDSA shares. HSBC boosted their price target on Royal Dutch Shell from GBX 2,840 ($37.11) to GBX 2,875 ($37.57) and gave the stock a “buy” rating in a research note on Wednesday, July 10th. Morgan Stanley reissued an “equal weight” rating and set a GBX 2,490 ($32.54) price target on shares of Royal Dutch Shell in a research note on Friday, July 12th. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,900 ($37.89) price target on shares of Royal Dutch Shell in a research note on Friday, August 2nd. Deutsche Bank reissued a “buy” rating on shares of Royal Dutch Shell in a research note on Friday, July 12th. Finally, Credit Suisse Group decreased their price target on Royal Dutch Shell from GBX 3,175 ($41.49) to GBX 3,090 ($40.38) and set an “outperform” rating on the stock in a research note on Wednesday, July 10th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 2,853.11 ($37.28).

The company has a current ratio of 1.10, a quick ratio of 0.73 and a debt-to-equity ratio of 47.21. The business has a 50 day moving average of GBX 2,319.75 and a 200-day moving average of GBX 2,440.14. The stock has a market cap of $101.57 billion and a PE ratio of 960.52.

The business also recently announced a dividend, which was paid on Monday, September 23rd. Investors of record on Thursday, August 15th were paid a $0.47 dividend. This represents a yield of 1.48%. The ex-dividend date of this dividend was Thursday, August 15th. Royal Dutch Shell’s payout ratio is currently 61.24%.

In related news, insider Neil A. P. Carson bought 16,000 shares of Royal Dutch Shell stock in a transaction that occurred on Tuesday, August 6th. The shares were purchased at an average price of GBX 2,326 ($30.39) per share, with a total value of £372,160 ($486,292.96).

Royal Dutch Shell Company Profile (LON:RDSA)

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

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