A.G. BARR (LON:BAG) Shares Cross Above 200 Day Moving Average of $526.37

A.G. BARR p.l.c. (LON:BAG)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 526.37 ($6.61) and traded as high as GBX 580 ($7.29). A.G. BARR shares last traded at GBX 571 ($7.17), with a volume of 70,603 shares.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BAG. Barclays upgraded shares of A.G. BARR to an “equal weight” rating and set a GBX 522 ($6.56) target price on the stock in a research 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 0.2 %

The company’s 50 day moving average price is GBX 547.98 and its two-hundred day moving average price is GBX 526.37. The firm has a market cap of £638.89 million, a PE ratio of 1,679.41, a P/E/G ratio of 1.36 and a beta of 0.34. The company has a quick ratio of 1.99, a current ratio of 2.09 and a debt-to-equity ratio of 1.67.

A.G. BARR Increases Dividend

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

Insiders Place Their Bets

In other A.G. BARR news, insider Julie A. Barr purchased 94 shares of A.G. BARR stock in a transaction dated Monday, April 1st. The shares were purchased at an average cost of GBX 528 ($6.63) per share, for a total transaction of £496.32 ($623.44). In related news, insider Jonathan David Kemp sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of GBX 561 ($7.05), for a total value of £11,220 ($14,093.71). Also, insider Julie A. Barr acquired 94 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were bought at an average price of GBX 528 ($6.63) per share, with a total value of £496.32 ($623.44). Over the last 90 days, insiders bought 176 shares of company stock valued at $94,507 and sold 62,951 shares valued at $35,980,998. 34.15% 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 provides carbonated and flavored soft drinks, pre-mixed cocktails, fruit juices, spring and sparkling water, fruit puree, oat drinks, boost drinks, iced tea, and other non-alcoholic beverages.