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%.

In related news, insider Paula Dwyer purchased 25,000 shares of Tabcorp stock in a transaction that occurred on Thursday, August 15th. The shares were acquired at an average price of A$4.37 ($3.10) per share, with a total value of A$109,250.00 ($77,482.27). Also, insider Bruce Akhurst purchased 20,000 shares of Tabcorp stock in a transaction that occurred on Wednesday, August 21st. The shares were bought at an average cost of A$4.36 ($3.09) per share, for a total transaction of A$87,200.00 ($61,843.97).

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.

Read More: What are no-load funds?

Receive News & Ratings for Tabcorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tabcorp and related companies with's FREE daily email newsletter.