Origin Enterprises (LON:OGN) Stock Rating Reaffirmed by Shore Capital

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

Origin Enterprises Price Performance

LON:OGN opened at GBX 3.50 ($0.05) on Tuesday. The firm has a market cap of £3.71 million, a PE ratio of 8.14 and a beta of 0.72. Origin Enterprises has a 12 month low of GBX 2.75 ($0.04) and a 12 month high of GBX 3.60 ($0.05). The company has a quick ratio of 0.69, a current ratio of 1.42 and a debt-to-equity ratio of 94.70. The company’s 50-day moving average price is GBX 3.23 and its two-hundred day moving average price is GBX 3.18.

Origin Enterprises Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 23rd will be given a €0.14 ($0.15) dividend. The ex-dividend date is Thursday, January 23rd. This is a positive change from Origin Enterprises’s previous dividend of $0.03. This represents a yield of 3.96%. Origin Enterprises’s payout ratio is 3,953.49%.

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.