Alico, Inc. (NASDAQ:ALCO – Get Free Report)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $27.00 and traded as high as $30.02. Alico shares last traded at $29.82, with a volume of 51,111 shares traded.
Alico Stock Performance
The firm’s 50 day moving average is $26.74 and its 200 day moving average is $27.05. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.99 and a current ratio of 3.81. The stock has a market cap of $231.66 million, a P/E ratio of 32.99 and a beta of 0.80.
Alico Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date was Friday, December 27th. Alico’s payout ratio is presently 21.74%.
Institutional Trading of Alico
About Alico
Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing, and hauling of citrus.
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