Glanbia (LON:GLB) Stock Price Crosses Above Fifty Day Moving Average of $17.68

Glanbia plc (LON:GLBGet Free Report)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 17.68 ($0.22) and traded as high as GBX 17.98 ($0.23). Glanbia shares last traded at GBX 16.86 ($0.21), with a volume of 1,760 shares traded.

Glanbia Price Performance

The stock has a market cap of £43.97 million, a P/E ratio of 14.17, a P/E/G ratio of 8.32 and a beta of 0.56. The company has a debt-to-equity ratio of 36.19, a quick ratio of 0.86 and a current ratio of 1.68. The business has a 50 day simple moving average of GBX 17.68 and a 200-day simple moving average of GBX 16.26.

Glanbia Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 3rd. Investors of record on Thursday, March 21st were given a dividend of €0.21 ($0.23) per share. The ex-dividend date was Thursday, March 21st. This represents a yield of 1.38%. This is a positive change from Glanbia’s previous dividend of $0.14. Glanbia’s dividend payout ratio is presently 2,941.18%.

About Glanbia

(Get Free Report)

Glanbia plc, together with its subsidiaries, operates as a nutrition company worldwide. The company offers sports nutrition and lifestyle nutrition products in various formats, such as powders, ready-to-eat bars and snacking food, and ready-to-drink beverage. It also manufactures and sells cheese, dairy, and non-dairy nutritional and functional ingredients; and vitamin and mineral premixes products.

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