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

Shares of Origin Enterprises plc (LON:OGN) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3.21 ($0.04) and traded as low as GBX 3.10 ($0.04). Origin Enterprises shares last traded at GBX 3.10 ($0.04), with a volume of 73 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating on shares of Origin Enterprises in a report on Tuesday, September 24th.

Origin Enterprises Trading Down 0.0 %

The business’s fifty day moving average price is GBX 3.31 and its 200 day moving average price is GBX 3.21. The company has a market cap of £3.29 million, a price-to-earnings ratio of 8.86 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.

Origin Enterprises Increases Dividend

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