Transurban Group (ASX:TCL) Stock Passes Below 50 Day Moving Average of $14.78
Transurban Group (ASX:TCL)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.78 and traded as low as $14.90. Transurban Group shares last traded at $15.09, with a volume of 3,761,996 shares changing hands.
The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 160.30. The company’s 50 day simple moving average is A$14.81. The stock has a market cap of $40.37 billion and a P/E ratio of 124.71.
The company also recently announced a Final dividend, which will be paid on Friday, August 9th. Stockholders of record on Friday, August 9th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a dividend yield of 2.18%. Transurban Group’s dividend payout ratio is presently 495.87%.
Transurban Group develops, operates, manages, maintains, and finances urban toll road networks. It holds interest in 13 roads in Sydney, Melbourne, and Brisbane, Australia; and 2 roads in the Greater Washington area, the United States, as well as 1 in Montreal, Canada. The company is headquartered in Docklands, Australia.
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