Associated British Foods plc (LON:ABF) Insider Eoin Tonge Sells 16,741 Shares

Associated British Foods plc (LON:ABF - Get Free Report) insider Eoin Tonge sold 16,741 shares of the business's stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of GBX 2,070 ($28.17), for a total transaction of £346,538.70 ($471,673.74).

Associated British Foods Stock Performance

LON:ABF traded down GBX 29 ($0.39) during mid-day trading on Monday, hitting GBX 2,049 ($27.89). The company's stock had a trading volume of 657,935 shares, compared to its average volume of 4,130,849. The business's fifty day moving average is GBX 2,064.81 and its two-hundred day moving average is GBX 1,998.51. The company has a debt-to-equity ratio of 32.88, a current ratio of 1.78 and a quick ratio of 0.93. Associated British Foods plc has a 1 year low of GBX 1,818.87 ($24.76) and a 1 year high of GBX 2,543 ($34.61). The stock has a market cap of £14.77 billion, a price-to-earnings ratio of 10.44, a PEG ratio of 1.51 and a beta of 1.24.

Associated British Foods (LON:ABF - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported GBX 71 ($0.97) earnings per share (EPS) for the quarter. Associated British Foods had a net margin of 7.25% and a return on equity of 13.07%. Analysts anticipate that Associated British Foods plc will post 188.0990415 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a "house stock" rating on shares of Associated British Foods in a research note on Tuesday, May 6th.

Associated British Foods Company Profile

Associated British Foods is a diversified international food, ingredients and retail group with sales of £13.9bn, 128,000 employees and operations in 53 countries across Europe, Africa, the Americas, Asia and Australia. Our purpose is to provide safe, nutritious, affordable food, and clothing that is great value for money.