Origin Enterprises’ (OGN) Buy Rating Reiterated at Shore Capital

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

Origin Enterprises Price Performance

OGN opened at GBX 3.05 ($0.04) on Thursday. Origin Enterprises has a 12 month low of GBX 2.75 ($0.03) and a 12 month high of GBX 3.60 ($0.05). The company has a market cap of £3.24 million, a PE ratio of 8.71 and a beta of 0.72. The company has a current ratio of 1.16, a quick ratio of 0.69 and a debt-to-equity ratio of 63.79. The company has a 50 day moving average of GBX 3.29 and a 200 day moving average of GBX 3.21.

Origin Enterprises Increases Dividend

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

Origin Enterprises Company Profile

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.