Wynnstay Group (LON:WYN) Shares Cross Below Two Hundred Day Moving Average of $370.07

Wynnstay Group Plc (LON:WYN) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 370.07 ($4.57) and traded as low as GBX 340 ($4.20). Wynnstay Group shares last traded at GBX 347.50 ($4.29), with a volume of 16,208 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on WYN. Shore Capital reissued a “house stock” rating on shares of Wynnstay Group in a research note on Monday, February 26th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 520 ($6.42) price target on shares of Wynnstay Group in a report on Thursday, March 28th.

Wynnstay Group Price Performance

The company’s fifty day moving average is GBX 370.76 and its 200 day moving average is GBX 370.07. The company has a quick ratio of 1.03, a current ratio of 2.04 and a debt-to-equity ratio of 15.02. The stock has a market cap of £79.26 million, a PE ratio of 1,158.33 and a beta of 0.62.

Wynnstay Group Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th will be given a GBX 11.75 ($0.15) dividend. This is an increase from Wynnstay Group’s previous dividend of $5.50. The ex-dividend date is Thursday, March 28th. This represents a dividend yield of 3.62%. Wynnstay Group’s dividend payout ratio is presently 5,666.67%.

Wynnstay Group Company Profile

Wynnstay Group Plc manufactures and supplies agricultural products in the United Kingdom. It operates through Agriculture and Specialist Agricultural Merchanting segments. The Agriculture segment offers feeds for farm livestock, feed raw materials for farmers and other manufacturers; seeds, fertiliser and agrochemicals; and grain marketing services.