Wilmington (LON:WIL) Reaches New 12-Month High at $260.00

Wilmington PLC (LON:WIL) shares hit a new 52-week high on Friday . The company traded as high as GBX 260 ($3.40) and last traded at GBX 256 ($3.35), with a volume of 22181 shares trading hands. The stock had previously closed at GBX 255 ($3.33).

WIL has been the subject of a number of research reports. Canaccord Genuity boosted their price target on shares of Wilmington from GBX 255 ($3.33) to GBX 280 ($3.66) and gave the company a “buy” rating in a research report on Friday, September 27th. Shore Capital reissued a “hold” rating on shares of Wilmington in a research report on Tuesday.

The business’s fifty day moving average price is GBX 222.77 and its 200 day moving average price is GBX 205.72. The company has a quick ratio of 0.53, a current ratio of 0.63 and a debt-to-equity ratio of 98.01. The firm has a market capitalization of $211.01 million and a PE ratio of 20.32.

The firm also recently announced a dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 17th will be issued a GBX 5 ($0.07) dividend. This represents a dividend yield of 2.53%. This is a boost from Wilmington’s previous dividend of $4.10. The ex-dividend date is Thursday, October 17th. Wilmington’s dividend payout ratio is presently 0.71%.

In other Wilmington news, insider Mark Milner bought 20,000 shares of Wilmington stock in a transaction dated Thursday, October 3rd. The stock was acquired at an average cost of GBX 229 ($2.99) per share, with a total value of £45,800 ($59,845.81).

About Wilmington (LON:WIL)

Wilmington plc provides information, education, and networking services to professional markets worldwide. Its Risk & Compliance segment provides regulatory and compliance training and information, market intelligence, and analysis services. This segment focuses on international financial services and insurance markets, as well as the United Kingdom pensions industry, and risk and compliance officers.

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