A.G. BARR (LON:BAG) Stock Passes Above 200 Day Moving Average – Here’s What Happened

A.G. BARR p.l.c. (LON:BAG)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 642.78 and traded as high as GBX 654. A.G. BARR shares last traded at GBX 640, with a volume of 1,134,478 shares traded.

Wall Street Analysts Forecast Growth

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

A.G. BARR Stock Performance

The firm has a market cap of £710.25 million, a P/E ratio of 15.31, a P/E/G ratio of 1.36 and a beta of 0.35. The business’s 50-day moving average is GBX 629.75 and its two-hundred day moving average is GBX 642.78. The company has a debt-to-equity ratio of 14.20, a current ratio of 1.67 and a quick ratio of 1.99.

Insider Buying and Selling

In other A.G. BARR news, insider Euan Sutherland acquired 303 shares of A.G. BARR stock in a transaction dated Monday, June 8th. The stock was bought at an average cost of GBX 614 per share, for a total transaction of £1,860.42. Over the last quarter, insiders have bought 471 shares of company stock worth $291,322. Insiders own 9.35% of the company’s stock.

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.