Associated British Foods (OTCMKTS:ASBFY) Hits New 52-Week Low – Should You Sell?

Associated British Foods plc (OTCMKTS:ASBFY)’s share price reached a new 52-week low on Thursday . The stock traded as low as $27.03 and last traded at $27.34, with a volume of 16967 shares traded. The stock had previously closed at $27.22.

Associated British Foods Trading Up 0.4 %

The firm’s fifty day moving average price is $29.77 and its two-hundred day moving average price is $31.46. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.79 and a quick ratio of 0.91.

Associated British Foods Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 13th will be paid a $0.9028 dividend. This is a positive change from Associated British Foods’s previous dividend of $0.21. The ex-dividend date of this dividend is Friday, December 13th.

Associated British Foods Company Profile

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.