A.G. BARR (LON:BAG) Stock Price Passes Above 200-Day Moving Average – Here’s Why

A.G. BARR p.l.c. (LON:BAG)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 614.98 ($7.98) and traded as high as GBX 640 ($8.30). A.G. BARR shares last traded at GBX 636 ($8.25), with a volume of 35,071 shares changing hands.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 685 ($8.88) price target on shares of A.G. BARR in a research note on Thursday, July 4th. Shore Capital reissued a “house stock” rating on shares of A.G. BARR in a research report on Tuesday, September 24th.

A.G. BARR Price Performance

The company has a debt-to-equity ratio of 3.50, a quick ratio of 1.99 and a current ratio of 1.87. The firm has a market capitalization of £705.26 million, a P/E ratio of 1,987.50, a P/E/G ratio of 1.36 and a beta of 0.38. The stock has a fifty day moving average price of GBX 639.90 and a two-hundred day moving average price of GBX 614.98.

A.G. BARR Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 3.10 ($0.04) per share. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a yield of 0.47%. A.G. BARR’s payout ratio is 5,000.00%.

Insider Transactions at A.G. BARR

In other A.G. BARR news, insider Julie A. Barr purchased 34 shares of the firm’s stock in a transaction dated Friday, September 6th. The stock was acquired at an average cost of GBX 1,486 ($19.27) per share, with a total value of £505.24 ($655.22). In the last three months, insiders have acquired 83 shares of company stock worth $80,758. 23.13% of the stock is currently owned by insiders.

A.G. BARR Company Profile

A.G. BARR p.l.c., together with its subsidiaries, manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally. It operates in three segments: Soft drinks, Cocktail solutions, and Other. The company provides carbonated and flavored soft drinks, brewed drinks, pre-mixed cocktails, mixers, syrups, various fruit purees, boost drinks, energy stimulation drinks, sport drinks, iced coffee, oat drinks, spring and sparkling water, fruit juices, and other non-alcoholic beverages.