David Christensen Buys 3,000 Shares of Wynnstay Group Plc (LON:WYN) Stock

Wynnstay Group Plc (LON:WYN) insider David Christensen bought 3,000 shares of the business’s stock in a transaction on Tuesday, April 29th. The stock was bought at an average price of GBX 325 ($4.33) per share, for a total transaction of £9,750 ($12,991.34).

Wynnstay Group Price Performance

Shares of WYN opened at GBX 323 ($4.30) on Thursday. The firm has a market capitalization of £74.44 million, a price-to-earnings ratio of 12.00 and a beta of 0.58. The company has a debt-to-equity ratio of 11.53, a quick ratio of 1.03 and a current ratio of 2.00. Wynnstay Group Plc has a one year low of GBX 270 ($3.60) and a one year high of GBX 400 ($5.33). The stock’s fifty day moving average is GBX 306.18 and its 200-day moving average is GBX 307.13.

Wynnstay Group (LON:WYN) last issued its quarterly earnings results on Tuesday, February 11th. The company reported GBX 23.78 ($0.32) EPS for the quarter. Wynnstay Group had a return on equity of 4.69% and a net margin of 0.97%. Equities analysts anticipate that Wynnstay Group Plc will post 24.9054054 EPS for the current year.

Wynnstay Group Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Thursday, March 27th were issued a dividend of GBX 11.90 ($0.16) per share. This represents a dividend yield of 3.87%. This is a positive change from Wynnstay Group’s previous dividend of $5.60. The ex-dividend date was Thursday, March 27th. Wynnstay Group’s dividend payout ratio (DPR) is 63.14%.

Analyst Ratings Changes

WYN has been the topic of a number of recent research reports. Canaccord Genuity Group cut their target price on Wynnstay Group from GBX 470 ($6.26) to GBX 430 ($5.73) and set a “buy” rating on the stock in a research note on Thursday, February 13th. Shore Capital reiterated a “house stock” rating on shares of Wynnstay Group in a research note on Tuesday, March 25th.

About Wynnstay Group

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.