Irish Continental Group (LON:ICGC) Share Price Passes Above 200-Day Moving Average – What’s Next?

Irish Continental Group plc (LON:ICGC) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 448.79 ($5.81) and traded as high as GBX 458 ($5.93). Irish Continental Group shares last traded at GBX 458 ($5.93), with a volume of 5,000 shares changing hands.

Irish Continental Group Stock Performance

The business’s fifty day moving average is GBX 436.67 and its two-hundred day moving average is GBX 448.68. The stock has a market capitalization of £907.45 million, a PE ratio of 14.77 and a beta of 0.99. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 94.03.

Irish Continental Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 15th will be given a dividend of €0.10 ($0.11) per share. The ex-dividend date is Thursday, May 15th. This represents a yield of 2.04%. This is a positive change from Irish Continental Group’s previous dividend of $0.05. Irish Continental Group’s dividend payout ratio (DPR) is 41.92%.

Irish Continental Group Company Profile

Irish Continental Group plc operates as a maritime transport company. It operates through two segments, Ferries, and Container and Terminal. The Ferries segment provides ferry services carrying passengers and roll on roll off freight on short sea routes on routes between Ireland, Britain, and Continental Europe under the Irish ferries brand; and chartering services.