Origin Enterprises (LON:OGN) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Origin Enterprises plc (LON:OGN)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.04 ($0.04) and traded as low as GBX 2.90 ($0.04). Origin Enterprises shares last traded at GBX 2.90 ($0.04), with a volume of 20,000 shares.

Analyst Ratings Changes

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

Origin Enterprises Trading Down 3.3 %

The business has a 50 day simple moving average of GBX 2.77 and a two-hundred day simple moving average of GBX 3.04. The company has a current ratio of 1.16, a quick ratio of 0.69 and a debt-to-equity ratio of 63.65. The company has a market cap of £312.54 million, a PE ratio of 8.56 and a beta of 0.72.

Origin Enterprises Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 23rd were issued a €0.14 ($0.15) dividend. The ex-dividend date of this dividend was Thursday, January 23rd. This is a boost from Origin Enterprises’s previous dividend of $0.03. This represents a yield of 3.96%. Origin Enterprises’s dividend payout ratio is currently 4,915.53%.

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.