A.G. BARR (LON:BAG) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

A.G. BARR p.l.c. (LON:BAG)’s share price 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.

Wall Street Analysts Forecast Growth

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

A.G. BARR Trading Up 0.5%

The business’s 50-day moving average price is GBX 624.72 and its 200 day moving average price is GBX 641.76. The company has a market cap of £709.14 million, a P/E 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.

Insider Buying and Selling at A.G. BARR

In other A.G. BARR news, insider Euan Sutherland bought 303 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were acquired at an average cost of GBX 614 per share, with a total value of £1,860.42. Over the last quarter, insiders purchased 471 shares of company stock worth $291,322. 9.35% of the stock is currently owned by insiders.

About A.G. BARR

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.