Origin Enterprises (LON:OGN) Earns Buy Rating from Shore Capital

Shore Capital reiterated their buy rating on shares of Origin Enterprises (LON:OGN) in a research report sent to investors on Thursday morning, MarketBeat Ratings reports.

Origin Enterprises Trading Down 0.8 %

Shares of Origin Enterprises stock opened at GBX 3.03 ($0.04) on Thursday. Origin Enterprises has a 1 year low of GBX 2.75 ($0.03) and a 1 year high of GBX 3.60 ($0.05). The firm has a market cap of £3.21 million, a PE ratio of 8.64 and a beta of 0.72. The stock has a fifty day moving average price of GBX 3.28 and a 200-day moving average price of GBX 3.21. The company has a debt-to-equity ratio of 63.79, a current ratio of 1.16 and a quick ratio of 0.69.

Origin Enterprises Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 23rd will be paid a dividend of €0.14 ($0.14) per share. This is an increase from Origin Enterprises’s previous dividend of $0.03. The ex-dividend date is Thursday, January 23rd. This represents a dividend yield of 3.96%. Origin Enterprises’s dividend payout ratio is presently 4,857.14%.

About Origin Enterprises

Origin Enterprises plc provides agronomy services company in Ireland, the United Kingdom, Belgium, Brazil, Poland, Romania, Ukraine, and Latin America. It develops products and services to improve soil fertility, nutrient use efficiency, and crop productivity. The company provides integrated agronomy and on-farm services comprising agronomy advice, services, and inputs directly to arable, fruit, and vegetable growers; and seed, nutrients, crop protection products and digital tools.