A.G. BARR (LON:BAG) Stock Passes Above Two Hundred Day Moving Average of $491.96

Posted by Techdows on Nov 18th, 2023

A.G. BARR p.l.c. (LON:BAG – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 491.96 ($6.04) and traded as high as GBX 513 ($6.30). A.G. BARR shares last traded at GBX 501 ($6.15), with a volume of 637,187 shares.

Analysts Set New Price Targets

Several equities analysts recently commented on BAG shares. Shore Capital reaffirmed a “house stock” rating on shares of A.G. BARR in a research report on Tuesday, October 24th. Peel Hunt reiterated a “buy” rating and issued a GBX 600 ($7.37) target price on shares of A.G. BARR in a report on Tuesday, September 26th. Finally, Liberum Capital reissued a “buy” rating and set a GBX 600 ($7.37) price target on shares of A.G. BARR in a research report on Tuesday, September 26th.

Get Our Latest Research Report on A.G. BARR

A.G. BARR Trading Down 0.1 %

The business’s 50-day simple moving average is GBX 495.67 and its two-hundred day simple moving average is GBX 491.97. The stock has a market capitalization of £552.31 million, a price-to-earnings ratio of 1,644.70, a PEG ratio of 1.36 and a beta of 0.31. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.88 and a quick ratio of 1.99.

A.G. BARR Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 27th. Shareholders of record on Thursday, October 5th were given a GBX 2.65 ($0.03) dividend. This represents a yield of 0.55%. The ex-dividend date was Thursday, October 5th. A.G. BARR’s dividend payout ratio (DPR) is presently 4,333.33%.

Insider Transactions at A.G. BARR

In other news, insider Roger Alexander White sold 102,751 shares of A.G. BARR stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of GBX 503 ($6.18), for a total transaction of £516,837.53 ($634,701.62). Insiders purchased 90 shares of company stock valued at $45,030 over the last quarter. Company insiders own 34.13% of the company’s stock.

About A.G. BARR

(Get Free Report)

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 provides carbonated and flavored soft drinks, pre-mixed cocktails, fruit juices, spring and sparkling water, fruit puree, oat drinks, boost drinks, iced tea, and other non-alcoholic beverages.