Origin Enterprises (LON:OGN) Shares Pass 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 Monday . The stock has a two hundred day moving average of GBX 3.15 ($0.04) and traded as low as GBX 2.73 ($0.03). Origin Enterprises shares last traded at GBX 2.73 ($0.03), with a volume of 440 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of Origin Enterprises in a research note on Thursday, November 21st.

Origin Enterprises Stock Down 3.5 %

The company has a market cap of £2.90 million, a PE ratio of 7.80 and a beta of 0.72. The company has a debt-to-equity ratio of 63.79, a current ratio of 1.16 and a quick ratio of 0.69. The business’s fifty day simple moving average is GBX 2.98 and its two-hundred day simple moving average is GBX 3.15.

Origin Enterprises Increases Dividend

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

Origin Enterprises Company Profile

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.