Origin Enterprises (LON:OGN) Earns “Buy” Rating from Shore Capital

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

Origin Enterprises Price Performance

Origin Enterprises has a 52 week low of GBX 2.75 ($0.03) and a 52 week high of GBX 3.60 ($0.05). The company has a current ratio of 1.16, a quick ratio of 0.69 and a debt-to-equity ratio of 63.79. The business has a 50 day moving average of GBX 3.28 and a 200 day moving average of GBX 3.21. The stock has a market capitalization of £3.21 million, a P/E ratio of 8.64 and a beta of 0.72.

Origin Enterprises Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 23rd will be paid a €0.14 ($0.14) dividend. This is a positive change from Origin Enterprises’s previous dividend of $0.03. The ex-dividend date is Thursday, January 23rd. This represents a dividend yield of 3.96%. Origin Enterprises’s dividend payout ratio is presently 4,857.14%.

Origin Enterprises Company Profile

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.