Wynnstay Group (LON:WYN) Shares Pass Below 200-Day Moving Average of $370.07

Shares of Wynnstay Group Plc (LON:WYN) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 370.07 ($4.57) and traded as low as GBX 340 ($4.20). Wynnstay Group shares last traded at GBX 347.50 ($4.29), with a volume of 16,208 shares.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Shore Capital reaffirmed a “house stock” rating on shares of Wynnstay Group in a report on Monday, February 26th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 520 ($6.42) price objective on shares of Wynnstay Group in a report on Thursday, March 28th.

Wynnstay Group Stock Up 0.7 %

The company has a debt-to-equity ratio of 15.02, a quick ratio of 1.03 and a current ratio of 2.04. The company has a market capitalization of £80.43 million, a price-to-earnings ratio of 1,166.67 and a beta of 0.62. The stock’s fifty day simple moving average is GBX 369.61 and its two-hundred day simple moving average is GBX 369.83.

Wynnstay Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th will be issued a GBX 11.75 ($0.15) dividend. This represents a yield of 3.62%. This is an increase from Wynnstay Group’s previous dividend of $5.50. The ex-dividend date is Thursday, March 28th. Wynnstay Group’s dividend payout ratio is presently 5,666.67%.

Wynnstay Group Company Profile

Wynnstay Group Plc manufactures and supplies agricultural products in the United Kingdom. It operates through Agriculture and Specialist Agricultural Merchanting segments. The Agriculture segment offers feeds for farm livestock, feed raw materials for farmers and other manufacturers; seeds, fertiliser and agrochemicals; and grain marketing services.