Associated British Foods (OTCMKTS:ASBFY) Reaches New 1-Year Low - What's Next?

Associated British Foods plc (OTCMKTS:ASBFY - Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $24.46 and last traded at $26.05, with a volume of 14084 shares. The stock had previously closed at $25.96.

Associated British Foods Trading Up 0.3 %

The firm's 50-day moving average is $28.56 and its two-hundred day moving average is $30.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.78 and a quick ratio of 0.91.

Associated British Foods Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, January 27th. Investors of record on Friday, December 13th will be given a $0.9028 dividend. The ex-dividend date of this dividend is Friday, December 13th. This is a positive change from Associated British Foods's previous dividend of $0.21.

Associated British Foods Company Profile

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.