Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as $27.29 and last traded at $27.77, with a volume of 16263 shares traded. The stock had previously closed at $28.75.
Associated British Foods Stock Down 3.4 %
The firm’s 50-day moving average price is $29.85 and its 200 day moving average price is $31.63. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 1.79.
Associated British Foods Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, January 27th. Stockholders of record on Friday, December 13th will be issued a $0.9028 dividend. This is a positive change from Associated British Foods’s previous dividend of $0.21. The ex-dividend date is Friday, December 13th.
About Associated British Foods
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.
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