A.G. BARR (LON:BAG) Share Price Crosses Above 200-Day Moving Average – Here’s Why

A.G. BARR p.l.c. (LON:BAG)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 622.83 ($7.89) and traded as high as GBX 637 ($8.07). A.G. BARR shares last traded at GBX 632 ($8.01), with a volume of 95,812 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of A.G. BARR in a report on Tuesday, January 28th.

A.G. BARR Trading Up 0.5 %

The stock has a market cap of £709.58 million, a price-to-earnings ratio of 19.53, a P/E/G ratio of 1.36 and a beta of 0.38. The business’s fifty day simple moving average is GBX 606.52 and its 200 day simple moving average is GBX 622.83. The company has a debt-to-equity ratio of 2.62, a current ratio of 1.87 and a quick ratio of 1.99.

A.G. BARR Company Profile

A.G. Barr is a UK-based branded multi beverage business focused on growth and the creation of long-term shareholder value.

Ambitious and value driven, with strong consumer focus, it is a brand owners and builder, offering a diverse and differentiated portfolio of brands that people love.

Established almost 150 years ago in Scotland, now operating across the UK and with export markets throughout the world, A.G.