Origin Enterprises (LON:OGN) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Origin Enterprises plc (LON:OGN)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3.15 ($0.04) and traded as low as GBX 2.73 ($0.03). Origin Enterprises shares last traded at GBX 2.73 ($0.03), with a volume of 440 shares.

Analysts Set New Price Targets

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

Origin Enterprises Stock Performance

The company has a market capitalization of £2.89 million, a PE ratio of 7.77 and a beta of 0.72. The stock’s fifty day simple moving average is GBX 2.97 and its 200-day simple moving average is GBX 3.15. The company has a debt-to-equity ratio of 63.79, a quick ratio of 0.69 and a current ratio of 1.16.

Origin Enterprises Increases Dividend

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