Irish Continental Group (LON:ICGC) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Irish Continental Group plc (LON:ICGC) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 467.19 ($5.89) and traded as low as GBX 451.50 ($5.69). Irish Continental Group shares last traded at GBX 455 ($5.73), with a volume of 1,906 shares traded.

Irish Continental Group Stock Performance

The company has a debt-to-equity ratio of 94.03, a quick ratio of 0.75 and a current ratio of 0.78. The stock has a market cap of £748.84 million, a P/E ratio of 1,516.67 and a beta of 0.99. The firm’s 50 day moving average is GBX 464.73 and its 200 day moving average is GBX 467.27.

Irish Continental Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 4th. Shareholders of record on Thursday, September 12th were paid a dividend of €0.05 ($0.05) per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a yield of 0.93%. Irish Continental Group’s payout ratio is 4,333.33%.

Irish Continental Group Company Profile

Irish Continental Group plc operates as a maritime transport company. It operates through two segments, Ferries, and Container and Terminal. The Ferries segment provides ferry services carrying passengers and roll on roll off freight on short sea routes on routes between Ireland, Britain, and Continental Europe under the Irish ferries brand; and chartering services.