A.G. BARR (LON:BAG) Stock Passes Above 200 Day Moving Average - What's Next?

A.G. BARR p.l.c. (LON:BAG - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 625.63 ($8.36) and traded as high as GBX 695 ($9.28). A.G. BARR shares last traded at GBX 693 ($9.26), with a volume of 196,284 shares trading hands.

Analyst Upgrades and Downgrades

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

A.G. BARR Stock Up 0.7%

The stock's 50 day moving average is GBX 656.89 and its 200 day moving average is GBX 627.04. The company has a debt-to-equity ratio of 2.62, a quick ratio of 1.99 and a current ratio of 1.87. The company has a market capitalization of £781.09 million, a PE ratio of 21.49, a PEG ratio of 1.36 and a beta of 0.38.

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

A.G. BARR Increases Dividend

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

Insider Activity at A.G. BARR

In other news, insider Euan Sutherland acquired 11,990 shares of the business's stock in a transaction dated Monday, April 28th. The stock was purchased at an average cost of GBX 675 ($9.02) per share, for a total transaction of £80,932.50 ($108,097.37). Insiders have purchased 12,060 shares of company stock valued at $8,138,116 over the last three months. 23.13% of the stock is owned by corporate insiders.

About A.G. BARR

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.