Hsbc Global Res upgraded shares of Bayer Aktiengesellschaft (OTCMKTS:BAYRY - Free Report) to a hold rating in a research report report published on Monday,Zacks.com reports.
Bayer Aktiengesellschaft Stock Performance
BAYRY stock traded up $0.27 during midday trading on Monday, reaching $6.74. 617,565 shares of the company were exchanged, compared to its average volume of 833,584. The firm has a market capitalization of $26.49 billion, a price-to-earnings ratio of -25.92 and a beta of 0.84. The business has a 50-day moving average price of $6.17 and a two-hundred day moving average price of $5.79. Bayer Aktiengesellschaft has a one year low of $4.79 and a one year high of $8.58. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.32 and a quick ratio of 0.81.
Bayer Aktiengesellschaft Increases Dividend
The firm also recently declared a dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 30th will be paid a $0.0224 dividend. The ex-dividend date of this dividend is Tuesday, April 29th. This is an increase from Bayer Aktiengesellschaft's previous dividend of $0.02. This represents a dividend yield of 0.38%. Bayer Aktiengesellschaft's dividend payout ratio is -2.78%.
About Bayer Aktiengesellschaft
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Bayer Aktiengesellschaft, together its subsidiaries, operates as a life science company worldwide. It operates through Pharmaceuticals, Consumer Health, and Crop Science segments. The Pharmaceuticals segment offers prescription products primarily for cardiology and women's health care; specialty therapeutics in the areas of oncology, hematology, and ophthalmology; and diagnostic imaging equipment and digital solutions, and contrast agents, as well as cell and gene therapy.
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