Diageo plc (LON:DGE - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 1,850 ($25.39) and last traded at GBX 1,864.50 ($25.59), with a volume of 306808063 shares changing hands. The stock had previously closed at GBX 1,881 ($25.81).
Analyst Ratings Changes
Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 2,372 ($32.55) price objective on shares of Diageo in a research note on Wednesday, May 21st. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 2,665.33 ($36.58).
Check Out Our Latest Stock Report on Diageo
Diageo Stock Up 0.1%
The company has a quick ratio of 0.62, a current ratio of 1.94 and a debt-to-equity ratio of 234.57. The company has a market capitalization of £40.61 billion, a PE ratio of 10.25, a PEG ratio of 1.75 and a beta of 0.36. The company's 50 day moving average is GBX 2,038.98 and its two-hundred day moving average is GBX 2,186.87.
Insiders Place Their Bets
In other news, insider John Alexander Manzoni purchased 299 shares of the business's stock in a transaction on Monday, May 12th. The stock was acquired at an average price of GBX 2,194 ($30.11) per share, for a total transaction of £6,560.06 ($9,002.42). Insiders have purchased a total of 953 shares of company stock worth $1,983,862 in the last 90 days. 0.11% of the stock is currently owned by corporate insiders.
About Diageo
(
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Diageo is a global leader in premium drinks, across spirits and beer, a business built on the principles and foundations laid by the giants of the industry.
With over 200 brands sold in 180 countries, our portfolio has remarkable breadth. From centuries-old names to exciting new entrants, and global giants to local legends, we're building the very best brands out there, and with over 30,000 talented people based in over 135 countries, we're a truly global company.
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