Glanbia (LON:GLB) Stock Price Crosses Above 50 Day Moving Average of $13.57

Glanbia plc (LON:GLB – Get Rating) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 13.57 ($0.17) and traded as high as GBX 14.08 ($0.18). Glanbia shares last traded at GBX 14.08 ($0.18), with a volume of 15,888 shares trading hands.

Glanbia Stock Down 1.0 %

The business’s fifty day moving average price is GBX 13.57 and its 200 day moving average price is GBX 12.25. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 54.21. The firm has a market capitalization of £37.62 million, a PE ratio of 19.56, a PEG ratio of 1.54 and a beta of 0.47.

Glanbia Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 5th. Stockholders of record on Thursday, March 23rd were issued a €0.19 ($0.21) dividend. This represents a dividend yield of 1.64%. This is a boost from Glanbia’s previous dividend of $0.13. The ex-dividend date was Thursday, March 23rd. Glanbia’s dividend payout ratio is presently 4,444.44%.

About Glanbia

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Glanbia plc operates as a nutrition company worldwide. The company manufactures and sells sports nutrition and lifestyle nutrition products in various formats, including powders, ready-to-eat bars and snacking foods, and ready-to-drink beverages through various channels, such as specialty retail, online, and gyms, as well the food, drug, mass, and club channels.