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

Irish Continental Group plc (LON:ICGC)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 449.09 ($5.82) and traded as low as GBX 446 ($5.78). Irish Continental Group shares last traded at GBX 446 ($5.78), with a volume of 513 shares.

Irish Continental Group Stock Up 2.5 %

The company has a market capitalization of £883.68 million, a P/E ratio of 14.38 and a beta of 0.99. The firm’s 50 day moving average price is GBX 433.95 and its two-hundred day moving average price is GBX 449.09. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 94.03.

Irish Continental Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 15th will be given a €0.10 ($0.11) dividend. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 2.04%. This is an increase from Irish Continental Group’s previous dividend of $0.05. Irish Continental Group’s payout ratio is currently 41.92%.

Irish Continental Group Company Profile

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.