Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $27.03 and last traded at $27.34, with a volume of 16967 shares. The stock had previously closed at $27.22.
Associated British Foods Price Performance
The business’s 50-day moving average price is $29.72 and its 200 day moving average price is $31.38. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.79 and a quick ratio of 0.91.
Associated British Foods Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 13th will be given a dividend of $0.9028 per share. The ex-dividend date is Friday, December 13th. This is a positive change from Associated British Foods’s previous dividend of $0.21.
About Associated British Foods
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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