Associated British Foods (LON:ABF) Reaches New 12-Month Low - Here's Why

Shares of Associated British Foods plc (LON:ABF - Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 1,914.50 ($23.37) and last traded at GBX 1,926.50 ($23.52), with a volume of 3573375 shares trading hands. The stock had previously closed at GBX 1,955.10 ($23.87).

Associated British Foods Stock Performance

The stock has a market cap of £14.31 billion, a price-to-earnings ratio of 1,254.84, a P/E/G ratio of 1.51 and a beta of 1.24. The company's fifty day simple moving average is GBX 2,154.26 and its two-hundred day simple moving average is GBX 2,317.48. The company has a debt-to-equity ratio of 33.71, a current ratio of 1.79 and a quick ratio of 0.93.

Associated British Foods Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 10th. Investors of record on Thursday, December 12th were given a GBX 69.30 ($0.85) dividend. This is a boost from Associated British Foods's previous dividend of $20.70. The ex-dividend date was Thursday, December 12th. This represents a yield of 3.03%. Associated British Foods's dividend payout ratio (DPR) is presently 3,483.87%.

Insider Transactions at Associated British Foods

In other news, insider Loraine Woodhouse acquired 4,164 shares of Associated British Foods stock in a transaction on Wednesday, November 6th. The stock was acquired at an average cost of GBX 2,389 ($29.17) per share, with a total value of £99,477.96 ($121,447.88). Also, insider George G. Weston sold 56,653 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of GBX 2,161 ($26.38), for a total transaction of £1,224,271.33 ($1,494,654.29). Company insiders own 58.08% of the company's stock.

About Associated British Foods

Associated British Foods is a diversified international food, ingredients and retail group with sales of £13.9bn, 128,000 employees and operations in 53 countries across Europe, Africa, the Americas, Asia and Australia. Our purpose is to provide safe, nutritious, affordable food, and clothing that is great value for money.