A.G. BARR (LON:BAG) Share Price Passes Above 200-Day Moving Average of $522.45

A.G. BARR p.l.c. (LON:BAG – Get Rating)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 522.45 ($6.50) and traded as high as GBX 523.19 ($6.51). A.G. BARR shares last traded at GBX 510 ($6.34), with a volume of 88,013 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of A.G. BARR in a report on Tuesday, January 31st.

A.G. BARR Trading Down 1.2 %

The business has a fifty day moving average of GBX 514.50 and a 200-day moving average of GBX 522.45. The company has a debt-to-equity ratio of 2.16, a quick ratio of 1.99 and a current ratio of 1.96. The company has a market capitalization of £571.35 million, a P/E ratio of 1,700.00, a PEG ratio of 1.36 and a beta of 0.31.

A.G. BARR Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 9th. Investors of record on Thursday, May 11th will be issued a GBX 10.60 ($0.13) dividend. This is a boost from A.G. BARR’s previous dividend of $2.50. This represents a dividend yield of 1.96%. The ex-dividend date is Thursday, May 11th. A.G. BARR’s dividend payout ratio (DPR) is currently 4,333.33%.

Insider Buying and Selling

In other news, insider Stuart Lorimer bought 3,910 shares of the business’s stock in a transaction that occurred on Thursday, March 30th. The shares were bought at an average cost of GBX 509 ($6.33) per share, for a total transaction of £19,901.90 ($24,753.61). Insiders have bought a total of 7,840 shares of company stock worth $4,007,400 in the last ninety days. Corporate insiders own 36.15% of the company’s stock.

About A.G. BARR

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A.G. BARR p.l.c., together with its subsidiaries, manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally. It provides carbonated and flavored soft drinks, fruit cocktails, fruit juices, spring and sparkling water, fruit puree, energy drinks, iced tea, and other non-alcoholic beverages.