Origin Enterprises (LON:OGN) Stock Price Up 1.7% – Time to Buy?

Origin Enterprises plc (LON:OGN)’s stock price traded up 1.7% during trading on Monday . The company traded as high as GBX 3 ($0.04) and last traded at GBX 3 ($0.04). 333,469 shares changed hands during trading, an increase of 1,832% from the average session volume of 17,256 shares. The stock had previously closed at GBX 2.95 ($0.04).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of Origin Enterprises in a research note on Thursday, November 21st.

Origin Enterprises Stock Performance

The company has a debt-to-equity ratio of 63.79, a quick ratio of 0.69 and a current ratio of 1.16. The firm has a 50 day moving average price of GBX 3.15 and a two-hundred day moving average price of GBX 3.19. The company has a market capitalization of £3.18 million, a P/E ratio of 8.57 and a beta of 0.72.

Origin Enterprises Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 23rd will be given a €0.14 ($0.14) dividend. This represents a yield of 3.96%. This is a boost from Origin Enterprises’s previous dividend of $0.03. The ex-dividend date is Thursday, January 23rd. Origin Enterprises’s dividend payout ratio is 4,857.14%.

Origin Enterprises Company Profile

Origin Enterprises plc provides agronomy services company in Ireland, the United Kingdom, Belgium, Brazil, Poland, Romania, Ukraine, and Latin America. It develops products and services to improve soil fertility, nutrient use efficiency, and crop productivity. The company provides integrated agronomy and on-farm services comprising agronomy advice, services, and inputs directly to arable, fruit, and vegetable growers; and seed, nutrients, crop protection products and digital tools.