Origin Enterprises (LON:OGN) Shares Pass Below Two Hundred Day Moving Average - Time to Sell?

Origin Enterprises plc (LON:OGN - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3.06 ($0.04) and traded as low as GBX 2.60 ($0.03). Origin Enterprises shares last traded at GBX 2.60 ($0.03), with a volume of 5,500 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "buy" rating on shares of Origin Enterprises in a research report on Thursday, November 21st.

Origin Enterprises Price Performance

The firm has a market capitalization of £311.48 million, a P/E ratio of 8.53 and a beta of 0.72. The company has a debt-to-equity ratio of 63.65, a quick ratio of 0.69 and a current ratio of 1.16. The stock has a 50 day moving average of GBX 2.76 and a 200-day moving average of GBX 3.05.

Origin Enterprises Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 23rd were given a €0.14 ($0.14) dividend. The ex-dividend date was Thursday, January 23rd. This represents a dividend yield of 3.96%. This is a positive change from Origin Enterprises's previous dividend of $0.03. Origin Enterprises's payout ratio is 4,915.53%.

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.