A.G. BARR (LON:BAG) Stock Passes Above 200-Day Moving Average of $534.80

Shares of A.G. BARR p.l.c. (LON:BAG) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 534.80 ($6.80) and traded as high as GBX 592 ($7.52). A.G. BARR shares last traded at GBX 592 ($7.52), with a volume of 81,047 shares.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Barclays upgraded shares of A.G. BARR to an “equal weight” rating and set a GBX 522 ($6.63) price objective for the company in a report on Friday, March 8th. Shore Capital restated a “house stock” rating on shares of A.G. BARR in a research report on Thursday, February 1st.

A.G. BARR Trading Down 1.0 %

The company has a quick ratio of 1.99, a current ratio of 2.09 and a debt-to-equity ratio of 1.67. The firm has a market cap of £653.67 million, a PE ratio of 1,732.35, a PEG ratio of 1.36 and a beta of 0.34. The stock’s fifty day simple moving average is GBX 565.56 and its two-hundred day simple moving average is GBX 535.77.

A.G. BARR Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, May 9th will be paid a GBX 12.40 ($0.16) dividend. This is a boost from A.G. BARR’s previous dividend of $2.65. This represents a dividend yield of 2.41%. The ex-dividend date of this dividend is Thursday, May 9th. A.G. BARR’s dividend payout ratio is currently 4,411.76%.

Insider Transactions at A.G. BARR

In other A.G. BARR news, insider Stuart Lorimer sold 52,599 shares of the firm’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of GBX 570 ($7.24), for a total transaction of £299,814.30 ($381,055.29). In related news, insider Jonathan David Kemp sold 2,000 shares of the stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of GBX 561 ($7.13), for a total transaction of £11,220 ($14,260.29). Also, insider Stuart Lorimer sold 52,599 shares of the business’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of GBX 570 ($7.24), for a total value of £299,814.30 ($381,055.29). In the last quarter, insiders purchased 174 shares of company stock valued at $94,473 and sold 62,951 shares valued at $35,980,998. 34.11% of the stock is owned by insiders.

About A.G. BARR

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.