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

Shares of Irish Continental Group plc (LON:ICGC) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 467.19 ($6.01) and traded as low as GBX 451.50 ($5.81). Irish Continental Group shares last traded at GBX 455 ($5.86), with a volume of 1,906 shares trading hands.

Irish Continental Group Stock Performance

The stock has a market capitalization of £748.84 million, a PE ratio of 1,516.67 and a beta of 0.99. The company has a debt-to-equity ratio of 94.03, a quick ratio of 0.75 and a current ratio of 0.78. The firm’s 50 day moving average is GBX 465.05 and its two-hundred day moving average is GBX 467.19.

Irish Continental Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 4th. Stockholders of record on Thursday, September 12th were paid a €0.05 ($0.05) dividend. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend was Thursday, September 12th. Irish Continental Group’s payout ratio is currently 4,333.33%.

About Irish Continental Group

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.