Tabcorp (ASX:TAH) Shares Pass Above 200 Day Moving Average of $4.63
Tabcorp Holdings Limited (ASX:TAH)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-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.
The firm has a market cap of $9.75 billion and a price-to-earnings ratio of 26.98. The company has a debt-to-equity ratio of 53.23, a current ratio of 0.48 and a quick ratio of 0.39. The stock has a 50-day moving average of A$4.51 and a 200-day moving average of A$4.63.
The business also recently declared 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 of this dividend is Wednesday, August 21st. Tabcorp’s dividend payout ratio is currently 122.91%.
Tabcorp Company Profile (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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