Bisichi (LON:BISI) Shares Pass Below 50-Day Moving Average – What’s Next?

Bisichi PLC (LON:BISIGet Free Report)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-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 changing hands.

Bisichi Trading Down 4.3 %

The stock has a market cap of £10.73 million, a PE ratio of 418.75 and a beta of -0.10. The stock’s fifty day moving average price is GBX 110.30 and its 200 day moving average price is GBX 102.16. The company has a quick ratio of 1.03, a current ratio of 0.59 and a debt-to-equity ratio of 18.02.

Bisichi Cuts Dividend

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

About Bisichi

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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.

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