A.G. BARR (LON:BAG) Stock Price Crosses Above Two Hundred Day Moving Average of $523.83

A.G. BARR p.l.c. (LON:BAG)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 523.83 ($6.47) and traded as high as GBX 558 ($6.89). A.G. BARR shares last traded at GBX 555 ($6.86), with a volume of 51,011 shares changing hands.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BAG. Shore Capital reaffirmed a “house stock” rating on shares of A.G. BARR in a report on Thursday, February 1st. Barclays raised shares of A.G. BARR to an “equal weight” rating and set a GBX 522 ($6.45) price target on the stock in a report on Friday, March 8th.

A.G. BARR Stock Down 0.2 %

The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.99 and a current ratio of 2.09. The stock has a market capitalization of £619.87 million, a P/E ratio of 1,632.35, a price-to-earnings-growth ratio of 1.36 and a beta of 0.34. The stock’s fifty day simple moving average is GBX 545.22 and its two-hundred day simple moving average is GBX 523.83.

A.G. BARR Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 7th. Shareholders of record on Thursday, May 9th will be issued a dividend of GBX 12.40 ($0.15) per share. This represents a yield of 2.41%. This is a positive change from A.G. BARR’s previous dividend of $2.65. The ex-dividend date of this dividend is Thursday, May 9th. A.G. BARR’s payout ratio is presently 4,411.76%.

Insiders Place Their Bets

In other news, insider Stuart Lorimer sold 52,599 shares of the company’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of GBX 570 ($7.04), for a total value of £299,814.30 ($370,323.99). In other news, insider Julie A. Barr acquired 94 shares of A.G. BARR stock in a transaction dated Monday, April 1st. The shares were bought at an average cost of GBX 528 ($6.52) per share, with a total value of £496.32 ($613.04). Also, insider Stuart Lorimer sold 52,599 shares of the company’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of GBX 570 ($7.04), for a total transaction of £299,814.30 ($370,323.99). In the last ninety days, insiders have acquired 176 shares of company stock valued at $94,507 and have sold 62,951 shares valued at $35,980,998. Insiders own 34.15% of the company’s stock.

A.G. BARR Company Profile

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, pre-mixed cocktails, fruit juices, spring and sparkling water, fruit puree, oat drinks, boost drinks, iced tea, and other non-alcoholic beverages.