A.G. BARR (LON:BAG) Shares Cross Above 200 Day Moving Average – Time to Sell?

A.G. BARR p.l.c. (LON:BAG)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 642.78 and traded as high as GBX 654. A.G. BARR shares last traded at GBX 640, with a volume of 1,134,478 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 800 price target on shares of A.G. BARR in a research report on Monday, April 20th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 777.50.

A.G. BARR Trading Down 0.9%

The firm has a market capitalization of £703.59 million, a P/E ratio of 15.17, a PEG ratio of 1.36 and a beta of 0.35. The company has a quick ratio of 1.99, a current ratio of 1.67 and a debt-to-equity ratio of 14.20. The firm has a 50 day moving average of GBX 630.45 and a 200-day moving average of GBX 642.72.

Insiders Place Their Bets

In related news, insider Euan Sutherland bought 303 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was purchased at an average cost of GBX 614 per share, for a total transaction of £1,860.42. Over the last ninety days, insiders acquired 471 shares of company stock valued at $291,322. 9.35% of the stock is owned by insiders.

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.