Origin Enterprises (LON:OGN) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of Origin Enterprises plc (LON:OGN) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3.19 ($0.04) and traded as low as GBX 2.78 ($0.03). Origin Enterprises shares last traded at GBX 2.78 ($0.03), with a volume of 2,089 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of Origin Enterprises in a report on Thursday, November 21st.

Origin Enterprises Trading Down 4.3 %

The firm has a fifty day moving average price of GBX 3.10 and a 200 day moving average price of GBX 3.18. The company has a debt-to-equity ratio of 63.79, a quick ratio of 0.69 and a current ratio of 1.16. The company has a market cap of £2.94 million, a price-to-earnings ratio of 7.93 and a beta of 0.72.

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.