Wynnstay Group (LON:WYN) Share Price Passes Below Two Hundred Day Moving Average - What's Next?

Wynnstay Group Plc (LON:WYN - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 307.45 ($4.10) and traded as low as GBX 295 ($3.93). Wynnstay Group shares last traded at GBX 310 ($4.13), with a volume of 147,210 shares traded.

Analyst Ratings Changes

A number of equities research analysts have commented on WYN shares. Canaccord Genuity Group reduced their price target on Wynnstay Group from GBX 470 ($6.26) to GBX 430 ($5.73) and set a "buy" rating on the stock in a research report on Thursday, February 13th. Shore Capital reiterated a "house stock" rating on shares of Wynnstay Group in a report on Tuesday, March 25th.

Wynnstay Group Trading Up 0.6 %

The company has a debt-to-equity ratio of 11.53, a current ratio of 2.00 and a quick ratio of 1.03. The firm has a market cap of £74.21 million, a price-to-earnings ratio of 11.96 and a beta of 0.58. The firm's fifty day moving average is GBX 306.18 and its 200-day moving average is GBX 307.13.

Wynnstay Group (LON:WYN - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported GBX 23.78 ($0.32) earnings per share (EPS) for the quarter. Wynnstay Group had a return on equity of 4.69% and a net margin of 0.97%. Equities analysts anticipate that Wynnstay Group Plc will post 24.9054054 earnings per share for the current year.

Wynnstay Group Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Thursday, March 27th were issued a dividend of GBX 11.90 ($0.16) per share. This represents a dividend yield of 3.87%. This is a boost from Wynnstay Group's previous dividend of $5.60. The ex-dividend date of this dividend was Thursday, March 27th. Wynnstay Group's dividend payout ratio is presently 63.14%.

Insider Transactions at Wynnstay Group

In other news, insider Gareth Davies sold 3,304 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of GBX 322 ($4.29), for a total transaction of £10,638.88 ($14,175.72). Also, insider Stephen John Ellwood bought 1,500 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The stock was purchased at an average price of GBX 328 ($4.37) per share, for a total transaction of £4,920 ($6,555.63). Insiders own 26.31% of the company's stock.

About Wynnstay Group

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition. Wynnstay supplies both direct-to-farm and via its extensive network of depots.