A.G. BARR (LON:BAG) Stock Crosses Below 200 Day Moving Average – Should You 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.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated 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 analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 777.50.

A.G. BARR Stock Performance

The stock’s 50-day moving average price is GBX 625.30 and its 200-day moving average price is GBX 641.91. The company has a debt-to-equity ratio of 14.20, a quick ratio of 1.99 and a current ratio of 1.67. The company has a market capitalization of £726.89 million, a price-to-earnings ratio of 15.67, a P/E/G ratio of 1.36 and a beta of 0.35.

Insiders Place Their Bets

In other news, insider Euan Sutherland acquired 303 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average cost of GBX 614 per share, with a total value of £1,860.42. Over the last ninety days, insiders purchased 471 shares of company stock valued at $291,322. Company insiders own 9.35% of the company’s stock.

A.G. BARR Company Profile

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.