A.G. BARR (LON:BAG) Reaches New 1-Year High - Here's What Happened

A.G. BARR p.l.c. (LON:BAG - Get Free Report)'s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 704 ($9.37) and last traded at GBX 703 ($9.35), with a volume of 125763 shares traded. The stock had previously closed at GBX 687 ($9.14).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "house stock" rating on shares of A.G. BARR in a research note on Tuesday, March 25th.

A.G. BARR Stock Performance

The company has a debt-to-equity ratio of 2.62, a current ratio of 1.87 and a quick ratio of 1.99. The company has a 50 day simple moving average of GBX 646.24 and a 200-day simple moving average of GBX 624.51. The firm has a market cap of £786.68 million, a PE ratio of 21.65, a price-to-earnings-growth ratio of 1.36 and a beta of 0.38.

A.G. BARR (LON:BAG - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported GBX 39.77 ($0.53) EPS for the quarter. A.G. BARR had a net margin of 8.81% and a return on equity of 12.27%. As a group, equities research analysts anticipate that A.G. BARR p.l.c. will post 43.7109104 EPS for the current year.

A.G. BARR Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 8th will be issued a GBX 44.80 ($0.60) dividend. The ex-dividend date of this dividend is Thursday, May 8th. This is a positive change from A.G. BARR's previous dividend of $3.10. This represents a yield of 3.02%. A.G. BARR's dividend payout ratio (DPR) is 49.20%.

Insiders Place Their Bets

In related news, insider Euan Sutherland purchased 11,990 shares of the company's stock in a transaction dated Monday, April 28th. The shares were purchased at an average cost of GBX 675 ($8.98) per share, with a total value of £80,932.50 ($107,665.96). Over the last 90 days, insiders bought 12,039 shares of company stock worth $8,123,374. 23.13% of the stock is owned by corporate insiders.

A.G. BARR Company Profile

A.G. Barr is a UK-based branded multi beverage business focused on growth and the creation of long-term shareholder value. Ambitious and value driven, with strong consumer focus, it is a brand owners and builder, offering a diverse and differentiated portfolio of brands that people love. Established almost 150 years ago in Scotland, now operating across the UK and with export markets throughout the world, A.G.