Anpario (LON:ANP) Shares Cross Below Two Hundred Day Moving Average of $247.96

Anpario plc (LON:ANP) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 247.96 ($3.14) and traded as low as GBX 240 ($3.04). Anpario shares last traded at GBX 245 ($3.10), with a volume of 27,130 shares traded.

Analyst Ratings Changes

ANP has been the subject of several analyst reports. Shore Capital reissued a “house stock” rating on shares of Anpario in a report on Wednesday, January 24th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 340 ($4.30) target price on shares of Anpario in a research note on Thursday, March 21st.

Anpario Stock Performance

The company has a market cap of £41.43 million, a P/E ratio of 1,884.62 and a beta of 0.64. The company has a quick ratio of 5.16, a current ratio of 5.13 and a debt-to-equity ratio of 0.23. The company has a 50 day moving average price of GBX 236.99 and a 200-day moving average price of GBX 247.96.

Anpario Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, July 11th will be issued a GBX 7.50 ($0.09) dividend. The ex-dividend date is Thursday, July 11th. This represents a yield of 3.26%. This is an increase from Anpario’s previous dividend of $3.20. Anpario’s dividend payout ratio is presently 8,461.54%.

Insider Buying and Selling at Anpario

In related news, insider Tim Pollock purchased 4,000 shares of Anpario stock in a transaction dated Wednesday, March 20th. The stock was bought at an average cost of GBX 235 ($2.97) per share, with a total value of £9,400 ($11,897.23). 20.48% of the stock is owned by corporate insiders.

About Anpario

Anpario plc, together with its subsidiaries, produces and distributes natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.