Incitec Pivot (ASX:IPL) Shares Cross Below 50 Day Moving Average of $3.38

Incitec Pivot Ltd (ASX:IPL) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.38 and traded as low as $3.19. Incitec Pivot shares last traded at $3.22, with a volume of 3,499,643 shares changing hands.

The stock has a market capitalization of $5.17 billion and a P/E ratio of 21.76. The company has a debt-to-equity ratio of 54.67, a current ratio of 0.58 and a quick ratio of 0.26. The firm’s fifty day moving average price is A$3.38.

The company also recently disclosed a Interim dividend, which was paid on Monday, July 1st. Investors of record on Monday, July 1st were issued a dividend of $0.013 per share. The ex-dividend date of this dividend was Tuesday, June 4th. This represents a dividend yield of 0.38%. Incitec Pivot’s dividend payout ratio is 47.30%.

Incitec Pivot Company Profile (ASX:IPL)

Incitec Pivot Limited, an industrial chemicals company, manufactures, trades in, and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, Canada, Turkey, and internationally. It operates through Incitec Pivot Fertilisers, Southern Cross International, Dyno Nobel Asia Pacific, and Dyno Nobel Americas segments.

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