Harvey Norman (ASX:HVN) Share Price Passes Above 200 Day Moving Average of $4.08
Shares of Harvey Norman Holdings Limited (ASX:HVN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.08 and traded as high as $4.47. Harvey Norman shares last traded at $4.46, with a volume of 9,945,453 shares.
The company has a quick ratio of 1.10, a current ratio of 1.62 and a debt-to-equity ratio of 26.32. The business’s fifty day simple moving average is A$4.44 and its two-hundred day simple moving average is A$4.08. The company has a market cap of $5.26 billion and a price-to-earnings ratio of 12.85.
The business also recently disclosed a Final dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, November 1st will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a yield of 4.71%. Harvey Norman’s payout ratio is currently 121.04%.
Harvey Norman Holdings Limited grants franchises to independent franchisees. Its franchisees sell products in various categories, including electrical goods, furniture, computers and communications, bedding and manchester, kitchen appliances, small appliances, bathroom and tiles, and carpets and flooring.
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