Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $27.03 and last traded at $27.34, with a volume of 16967 shares trading hands. The stock had previously closed at $27.22.
Associated British Foods Trading Up 0.7 %
The firm’s 50 day moving average is $29.72 and its 200-day moving average is $31.38. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 1.79.
Associated British Foods Increases Dividend
The firm also recently declared a dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.9028 per share. This is an increase from Associated British Foods’s previous dividend of $0.21. The ex-dividend date of this dividend is Friday, December 13th.
Associated British Foods Company Profile
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.
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