Wynnstay Group (LON:WYN) Stock Crosses Below 200-Day Moving Average – What’s Next?

Shares of Wynnstay Group Plc (LON:WYN) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 310.98 ($4.02) and traded as low as GBX 291 ($3.76). Wynnstay Group shares last traded at GBX 295.30 ($3.82), with a volume of 68,529 shares changing hands.

Analyst Ratings Changes

A number of research analysts have issued reports on WYN shares. Shore Capital reissued a “house stock” rating on shares of Wynnstay Group in a report on Tuesday, March 25th. Canaccord Genuity Group decreased their target price on shares of Wynnstay Group from GBX 470 ($6.08) to GBX 430 ($5.56) and set a “buy” rating for the company in a research note on Thursday, February 13th.

Wynnstay Group Stock Down 1.6 %

The company has a market cap of £68.05 million, a price-to-earnings ratio of 10.97 and a beta of 0.58. The business has a fifty day moving average of GBX 306.72 and a two-hundred day moving average of GBX 310.98. The company has a current ratio of 2.00, a quick ratio of 1.03 and a debt-to-equity ratio of 11.53.

Wynnstay Group (LON:WYN) last posted its quarterly earnings data on Tuesday, February 11th. The company reported GBX 23.78 ($0.31) EPS for the quarter. Wynnstay Group had a return on equity of 4.69% and a net margin of 0.97%. As a group, equities analysts anticipate that Wynnstay Group Plc will post 24.9054054 EPS for the current fiscal year.

Wynnstay Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, March 27th will be issued a dividend of GBX 11.90 ($0.15) per share. This represents a yield of 3.87%. This is an increase from Wynnstay Group’s previous dividend of $5.60. The ex-dividend date of this dividend is Thursday, March 27th. Wynnstay Group’s dividend payout ratio (DPR) is presently 63.14%.

Insider Transactions at Wynnstay Group

In other Wynnstay Group news, insider Gareth Davies sold 3,304 shares of the firm’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of GBX 322 ($4.16), for a total value of £10,638.88 ($13,754.21). Also, insider Stephen John Ellwood bought 1,500 shares of the stock in a transaction on Wednesday, February 19th. The shares were acquired at an average cost of GBX 328 ($4.24) per share, for a total transaction of £4,920 ($6,360.70). Corporate insiders own 26.31% of the company’s stock.

Wynnstay Group Company Profile

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.