Anpario (LON:ANP) Stock Price Up 15.1% After Dividend Announcement

Anpario plc (LON:ANP)’s share price rose 15.1% on Wednesday following a dividend announcement from the company. The stock traded as high as GBX 317 ($4.15) and last traded at GBX 313.70 ($4.10). Approximately 126,103 shares traded hands during mid-day trading, an increase of 358% from the average daily volume of 27,504 shares. The stock had previously closed at GBX 272.50 ($3.56).

The newly announced dividend which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 14th will be paid a dividend of GBX 3.25 ($0.04) per share. The ex-dividend date is Thursday, November 14th. This represents a yield of 1.19%. Anpario’s dividend payout ratio (DPR) is presently 8,461.54%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Anpario in a research note on Wednesday.

Anpario Stock Performance

The stock has a 50-day moving average price of GBX 289.26 and a 200 day moving average price of GBX 270.93. The company has a quick ratio of 5.16, a current ratio of 5.13 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of £52.53 million, a price-to-earnings ratio of 2,389.62 and a beta of 0.57.

Anpario Company Profile

Anpario plc, together with its subsidiaries, produces and distributes natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.