Tabcorp (ASX:TAH) Stock Passes Above Two Hundred Day Moving Average of $4.63
Tabcorp Holdings Limited (ASX:TAH)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.63 and traded as high as $4.84. Tabcorp shares last traded at $4.83, with a volume of 4,900,959 shares traded.
The firm has a market capitalization of $9.75 billion and a P/E ratio of 26.98. The company has a current ratio of 0.48, a quick ratio of 0.39 and a debt-to-equity ratio of 53.23. The company has a 50-day moving average of A$4.51 and a 200-day moving average of A$4.63.
The business also recently announced a Final dividend, which will be paid on Friday, September 20th. Investors of record on Friday, September 20th will be given a dividend of $0.11 per share. This represents a yield of 2.47%. The ex-dividend date is Wednesday, August 21st. Tabcorp’s dividend payout ratio is currently 122.91%.
About Tabcorp (ASX:TAH)
Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. The company operates in four segments: Wagering and Media, Lotteries and Keno, Gaming Services, and Sun Bets. The Wagering and Media segment is involved in the provision of totalizator and fixed odds betting products on racing, sporting, and other events; and operating a network of TAB and UBET agencies, hotels and clubs, and on-course operations.
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