Royal Dutch Shell (NYSE:RDS.B) Downgraded to Sell at ValuEngine

ValuEngine lowered shares of Royal Dutch Shell (NYSE:RDS.B) from a hold rating to a sell rating in a research report sent to investors on Thursday morning, ValuEngine reports.

Shares of RDS.B traded down $0.57 during trading hours on Thursday, reaching $58.97. 2,458,234 shares of the company traded hands, compared to its average volume of 1,482,050. The firm has a fifty day moving average price of $64.71. The stock has a market cap of $242.47 billion, a P/E ratio of 12.18 and a beta of 0.83. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.16 and a quick ratio of 0.87. Royal Dutch Shell has a 12 month low of $56.26 and a 12 month high of $72.06.

Royal Dutch Shell (NYSE:RDS.B) last announced its earnings results on Thursday, May 2nd. The energy company reported $1.30 earnings per share for the quarter. The firm had revenue of $85.66 billion for the quarter. Royal Dutch Shell had a net margin of 5.34% and a return on equity of 9.97%.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 23rd. Investors of record on Friday, August 16th will be paid a dividend of $0.799 per share. This represents a $3.20 annualized dividend and a yield of 5.42%. The ex-dividend date is Thursday, August 15th.

About Royal Dutch Shell

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

See Also: S&P 500 Index

To view ValuEngine’s full report, visit ValuEngine’s official website.

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