AGL Energy (ASX:AGL) Stock Crosses Above 50-Day Moving Average of $20.03

Shares of AGL Energy Limited (ASX:AGL) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $20.03 and traded as high as $19.14. AGL Energy shares last traded at $19.13, with a volume of 1,211,768 shares trading hands.

The stock has a market capitalization of $12.45 billion and a P/E ratio of 13.88. The company’s 50-day moving average price is A$19.99 and its 200 day moving average price is A$21.12. The company has a debt-to-equity ratio of 34.45, a quick ratio of 0.75 and a current ratio of 1.33.

The company also recently disclosed a Final dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 20th will be given a dividend of $0.64 per share. The ex-dividend date is Wednesday, August 21st. This represents a dividend yield of 3.32%. AGL Energy’s payout ratio is 92.89%.

In related news, insider Leslie Hosking purchased 3,000 shares of AGL Energy stock in a transaction on Monday, August 12th. The shares were bought at an average cost of A$19.08 ($13.53) per share, for a total transaction of A$57,240.00 ($40,595.74). Also, insider Brett Redman 71,294 shares of the company’s stock in a transaction on Tuesday, August 20th.

About AGL Energy (ASX:AGL)

AGL Energy Limited provides energy to residential and business customers in Australia. The company operates in four segments: Customer Markets, Wholesale Markets, Group Operations, and Investments segments. It is involved in generating electricity through thermal, hydro, wind, and solar power generation plants; gas storage activities; and the retail sale of electricity, gas, solar, and energy products and services.

Read More: Understanding the Price to Earnings Ratio (PE)

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