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Thomson Reuters (TSE:TRI) Shares Pass Below Two Hundred Day Moving Average of $132.63

Defense World ·  Jul 5, 2022 02:11

Thomson Reuters Co. (TSE:TRI – Get Rating) (NYSE:TRI)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$132.63 and traded as low as C$131.40. Thomson Reuters shares last traded at C$132.12, with a volume of 247,299 shares.

The company has a quick ratio of 0.73, a current ratio of 1.01 and a debt-to-equity ratio of 27.77. The company has a market capitalization of C$64.18 billion and a price-to-earnings ratio of 30.29. The business's 50-day moving average is C$126.46 and its 200-day moving average is C$132.63.

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Thomson Reuters (TSE:TRI – Get Rating) (NYSE:TRI) last released its quarterly earnings data on Tuesday, May 3rd. The company reported C$0.84 earnings per share for the quarter, beating analysts' consensus estimates of C$0.81 by C$0.03. The company had revenue of C$2.12 billion for the quarter, compared to analysts' expectations of C$2.10 billion. During the same quarter in the previous year, the business posted $0.73 EPS. As a group, analysts expect that Thomson Reuters Co. will post 4.2500002 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 15th. Shareholders of record on Thursday, May 26th were issued a $0.572 dividend. The ex-dividend date of this dividend was Wednesday, May 25th. This is an increase from Thomson Reuters's previous quarterly dividend of $0.45. This represents a $2.29 dividend on an annualized basis and a yield of 1.73%. Thomson Reuters's payout ratio is presently 38.06%.

About Thomson Reuters (TSE:TRI)

Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.

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