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

Wynnstay Group Plc (LON:WYN)’s stock price passed 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 changing hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Shore Capital reissued a “house stock” rating on shares of Wynnstay Group in a research report on Monday, February 26th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 520 ($6.42) target price on shares of Wynnstay Group in a report on Thursday, March 28th.

Wynnstay Group Stock Performance

The stock has a market cap of £80.43 million, a price-to-earnings ratio of 1,166.67 and a beta of 0.62. The stock’s 50 day moving average is GBX 369.61 and its two-hundred day moving average is GBX 369.83. The company has a current ratio of 2.04, a quick ratio of 1.03 and a debt-to-equity ratio of 15.02.

Wynnstay Group Increases Dividend

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

About Wynnstay Group

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.