A.G. BARR (LON:BAG) Share Price Crosses Above 200-Day Moving Average of $534.80

A.G. BARR p.l.c. (LON:BAG)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 534.80 ($6.80) and traded as high as GBX 592 ($7.52). A.G. BARR shares last traded at GBX 592 ($7.52), with a volume of 81,047 shares changing hands.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BAG. Barclays upgraded A.G. BARR to an “equal weight” rating and set a GBX 522 ($6.63) target price on the stock in a research report on Friday, March 8th. Shore Capital reiterated a “house stock” rating on shares of A.G. BARR in a research report on Thursday, February 1st.

A.G. BARR Price Performance

The company has a debt-to-equity ratio of 1.67, a current ratio of 2.09 and a quick ratio of 1.99. The stock has a market capitalization of £653.67 million, a price-to-earnings ratio of 1,732.35, a price-to-earnings-growth ratio of 1.36 and a beta of 0.34. The stock has a 50 day moving average price of GBX 565.56 and a 200-day moving average price of GBX 535.77.

A.G. BARR Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 7th. Shareholders of record on Thursday, May 9th will be paid a dividend of GBX 12.40 ($0.16) per share. This represents a yield of 2.41%. The ex-dividend date is Thursday, May 9th. This is a boost from A.G. BARR’s previous dividend of $2.65. A.G. BARR’s payout ratio is 4,411.76%.

Insider Transactions at A.G. BARR

In related news, insider Stuart Lorimer sold 52,599 shares of the business’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of GBX 570 ($7.24), for a total transaction of £299,814.30 ($381,055.29). In related news, insider Stuart Lorimer sold 52,599 shares of A.G. BARR stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of GBX 570 ($7.24), for a total transaction of £299,814.30 ($381,055.29). Also, insider Julie A. Barr bought 94 shares of A.G. BARR stock in a transaction on Monday, April 1st. The shares were purchased at an average cost of GBX 528 ($6.71) per share, for a total transaction of £496.32 ($630.81). Over the last 90 days, insiders acquired 174 shares of company stock valued at $94,473 and sold 62,951 shares valued at $35,980,998. Insiders own 34.11% of the company’s stock.

A.G. BARR Company Profile

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 operates in three segments: Soft drinks, Cocktail solutions, and Other. The company provides carbonated and flavored soft drinks, brewed drinks, pre-mixed cocktails, mixers, syrups, various fruit purees, boost drinks, energy stimulation drinks, sport drinks, iced coffee, oat drinks, spring and sparkling water, fruit juices, and other non-alcoholic beverages.