Origin Enterprises (LON:OGN) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Origin Enterprises plc (LON:OGN) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3.19 ($0.04) and traded as low as GBX 2.78 ($0.03). Origin Enterprises shares last traded at GBX 2.78 ($0.03), with a volume of 2,089 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of Origin Enterprises in a report on Thursday, November 21st.

Origin Enterprises Stock Down 4.3 %

The business’s 50 day simple moving average is GBX 3.10 and its 200 day simple moving average is GBX 3.18. The company has a market capitalization of £2.94 million, a PE ratio of 7.93 and a beta of 0.72. The company has a quick ratio of 0.69, a current ratio of 1.16 and a debt-to-equity ratio of 63.79.

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.