Associated British Foods (LON:ABF - Get Free Report)'s stock had its "buy" rating reissued by Shore Capital in a research report issued on Thursday, Marketbeat Ratings reports.
Associated British Foods Stock Performance
LON ABF traded down GBX 37 ($0.46) on Thursday, reaching GBX 1,900 ($23.39). 2,149,781 shares of the company's stock traded hands, compared to its average volume of 6,954,455. The stock has a 50 day moving average price of GBX 2,103.85 and a 200-day moving average price of GBX 2,288.26. The firm has a market cap of £13.98 billion, a price-to-earnings ratio of 1,225.81, a P/E/G ratio of 1.51 and a beta of 1.24. The company has a debt-to-equity ratio of 33.71, a quick ratio of 0.93 and a current ratio of 1.79. Associated British Foods has a fifty-two week low of GBX 1,862 ($22.92) and a fifty-two week high of GBX 2,770.66 ($34.11).
Associated British Foods (LON:ABF - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The company reported GBX 196.90 ($2.42) EPS for the quarter. Associated British Foods had a return on equity of 10.69% and a net margin of 5.92%. Equities research analysts predict that Associated British Foods will post 188.0990415 EPS for the current fiscal year.
Insider Transactions at Associated British Foods
In other Associated British Foods news, 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 ($26.60), for a total transaction of £1,224,271.33 ($1,507,166.48). Also, insider Loraine Woodhouse purchased 4,164 shares of the firm's stock in a transaction on Wednesday, November 6th. The shares were purchased at an average price of GBX 2,389 ($29.41) per share, for a total transaction of £99,477.96 ($122,464.56). Insiders own 58.08% of the company's stock.
Associated British Foods Company Profile
(
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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.
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