A.G. BARR (LON:BAG) Shares Pass Below 200-Day Moving Average – What’s Next?

Shares of A.G. BARR p.l.c. (LON:BAG) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 641.76 and traded as low as GBX 619. A.G. BARR shares last traded at GBX 639, with a volume of 142,021 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 800 price objective on shares of A.G. BARR in a report on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 777.50.

A.G. BARR Stock Performance

The company has a market cap of £709.14 million, a price-to-earnings ratio of 15.29, a P/E/G ratio of 1.36 and a beta of 0.35. The company has a debt-to-equity ratio of 14.20, a quick ratio of 1.99 and a current ratio of 1.67. The company has a fifty day moving average of GBX 624.72 and a two-hundred day moving average of GBX 641.76.

Insider Buying and Selling

In other news, insider Euan Sutherland purchased 303 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were purchased at an average cost of GBX 614 per share, with a total value of £1,860.42. Insiders bought 471 shares of company stock valued at $291,322 in the last ninety days. 9.35% of the stock is currently owned by company insiders.

A.G. BARR Company Profile

A.G. Barr is a UK-based branded multi beverage business focused on growth and the creation of long-term shareholder value.

Ambitious and value driven, with strong consumer focus, it is a brand owners and builder, offering a diverse and differentiated portfolio of brands that people love.

Established almost 150 years ago in Scotland, now operating across the UK and with export markets throughout the world, A.G. Barr strives to grow its business both organically and through targeted acquisition.