Origin Enterprises (LON:OGN) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Origin Enterprises plc (LON:OGN) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3.22 ($0.04) and traded as low as GBX 3.20 ($0.04). Origin Enterprises shares last traded at GBX 3.20 ($0.04), with a volume of 500 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reissued a “buy” rating on shares of Origin Enterprises in a report on Tuesday, September 24th.

Origin Enterprises Trading Down 5.9 %

The firm has a 50 day moving average of GBX 3.33 and a 200-day moving average of GBX 3.22. The company has a quick ratio of 0.69, a current ratio of 1.16 and a debt-to-equity ratio of 63.79. The firm has a market capitalization of £3.39 million, a P/E ratio of 9.14 and a beta of 0.72.

Origin Enterprises Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 23rd will be paid a €0.14 ($0.15) dividend. This represents a yield of 3.96%. This is a boost from Origin Enterprises’s previous dividend of $0.03. The ex-dividend date is Thursday, January 23rd. Origin Enterprises’s dividend payout ratio (DPR) is 4,857.14%.

About Origin Enterprises

Origin Enterprises plc provides agronomy services company in Ireland, the United Kingdom, Belgium, Brazil, Poland, Romania, Ukraine, and Latin America. It develops products and services to improve soil fertility, nutrient use efficiency, and crop productivity. The company provides integrated agronomy and on-farm services comprising agronomy advice, services, and inputs directly to arable, fruit, and vegetable growers; and seed, nutrients, crop protection products and digital tools.