Origin Enterprises (LON:OGN) Stock Rating Reaffirmed by Shore Capital

Shore Capital reaffirmed their buy rating on shares of Origin Enterprises (LON:OGN) in a research note published on Tuesday morning, Marketbeat.com reports.

Origin Enterprises Stock Performance

LON:OGN opened at GBX 3.50 ($0.05) on Tuesday. The firm’s 50-day moving average is GBX 3.23 and its 200-day moving average is GBX 3.18. Origin Enterprises has a 52-week low of GBX 2.75 ($0.04) and a 52-week high of GBX 3.60 ($0.05). The company has a debt-to-equity ratio of 94.70, a quick ratio of 0.69 and a current ratio of 1.42. The company has a market cap of £3.71 million, a price-to-earnings ratio of 8.14 and a beta of 0.72.

Origin Enterprises Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 23rd will be given a dividend of €0.14 ($0.15) per share. This is a positive change from Origin Enterprises’s previous dividend of $0.03. This represents a dividend yield of 3.96%. The ex-dividend date is Thursday, January 23rd. Origin Enterprises’s payout ratio is 3,953.49%.

About Origin Enterprises

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.