Anpario (LON:ANP) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Anpario plc (LON:ANP) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 415.01 ($5.58) and traded as low as GBX 395 ($5.31). Anpario shares last traded at GBX 410 ($5.51), with a volume of 96,774 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Anpario in a research note on Monday, March 31st.

Anpario Trading Up 3.8%

The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.16 and a current ratio of 6.15. The firm has a market cap of £69.95 million, a PE ratio of 22.64 and a beta of 0.58. The stock’s 50 day simple moving average is GBX 426.13 and its 200 day simple moving average is GBX 415.01.

Anpario (LON:ANP) last released its quarterly earnings results on Monday, March 31st. The company reported GBX 28.40 ($0.38) EPS for the quarter. Anpario had a net margin of 9.23% and a return on equity of 8.74%. On average, sell-side analysts forecast that Anpario plc will post 23.5757801 earnings per share for the current fiscal year.

Anpario Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 25th. Shareholders of record on Thursday, July 10th will be paid a GBX 8 ($0.11) dividend. This represents a yield of 2.09%. The ex-dividend date is Thursday, July 10th. This is a boost from Anpario’s previous dividend of $3.25. Anpario’s payout ratio is currently 60.74%.

Insider Activity

In other Anpario news, insider Marc Wilson acquired 3,778 shares of the business’s stock in a transaction dated Tuesday, April 1st. The stock was bought at an average price of GBX 398 ($5.35) per share, with a total value of £15,036.44 ($20,221.14). 30.51% of the stock is owned by corporate insiders.

About Anpario

Anpario plc, together with its subsidiaries, engages in the production and distribution of natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.