Irish Continental Group (LON:ICGC) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Irish Continental Group plc (LON:ICGC) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 465.33 ($6.04) and traded as low as GBX 455 ($5.91). Irish Continental Group shares last traded at GBX 488 ($6.34), with a volume of 3,257 shares changing hands.

Irish Continental Group Stock Performance

The company has a debt-to-equity ratio of 94.03, a quick ratio of 0.75 and a current ratio of 0.78. The company has a market capitalization of £788.67 million, a PE ratio of 1,626.67 and a beta of 0.99. The company has a 50 day moving average price of GBX 465.12 and a 200 day moving average price of GBX 465.55.

Irish Continental Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 4th. Shareholders of record on Thursday, September 12th were paid a dividend of €0.05 ($0.06) per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a yield of 0.93%. Irish Continental Group’s dividend payout ratio (DPR) is 4,333.33%.

About Irish Continental Group

Irish Continental Group plc operates as a maritime transport company. It operates through two segments, Ferries, and Container and Terminal. The Ferries segment provides ferry services carrying passengers and roll on roll off freight on short sea routes on routes between Ireland, Britain, and Continental Europe under the Irish ferries brand; and chartering services.