PZ Cussons plc (LON:PZC) Insider Sells £62,486.10 in Stock

PZ Cussons plc (LON:PZC) insider Jonathan Myers sold 69,429 shares of the stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of GBX 90 ($1.21), for a total transaction of £62,486.10 ($83,671.80).

PZ Cussons Stock Performance

Shares of PZC stock opened at GBX 97.50 ($1.31) on Friday. The company’s fifty day simple moving average is GBX 101.23 and its 200-day simple moving average is GBX 100.26. The company has a market cap of £408.26 million, a PE ratio of -687.93, a P/E/G ratio of 1.13 and a beta of 0.26. PZ Cussons plc has a 52 week low of GBX 81.50 ($1.09) and a 52 week high of GBX 159 ($2.13). The company has a current ratio of 1.18, a quick ratio of 1.36 and a debt-to-equity ratio of 75.98.

PZ Cussons Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Thursday, October 31st will be given a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 2.03%. This is an increase from PZ Cussons’s previous dividend of $1.50. PZ Cussons’s dividend payout ratio (DPR) is presently -2,857.14%.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 130 ($1.74) target price on shares of PZ Cussons in a report on Thursday, June 27th.

PZ Cussons Company Profile

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.