Irish Continental Group (LON:ICGC) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Irish Continental Group plc (LON:ICGC) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 465.33 ($6.04) and traded as low as GBX 455 ($5.91). Irish Continental Group shares last traded at GBX 488 ($6.34), with a volume of 3,257 shares changing hands.

Irish Continental Group Stock Down 5.3 %

The company’s 50-day moving average is GBX 466.01 and its 200 day moving average is GBX 465.64. The stock has a market capitalization of £760.36 million, a PE ratio of 1,597.33 and a beta of 0.99. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 94.03.

Irish Continental Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 4th. Shareholders of record on Thursday, September 12th were issued a €0.05 ($0.06) dividend. The ex-dividend date was Thursday, September 12th. This represents a dividend yield of 0.93%. Irish Continental Group’s dividend payout ratio is currently 4,333.33%.

About Irish Continental Group

Irish Continental Group plc operates as a maritime transport company. It operates through two segments, Ferries, and Container and Terminal. The Ferries segment provides ferry services carrying passengers and roll on roll off freight on short sea routes on routes between Ireland, Britain, and Continental Europe under the Irish ferries brand; and chartering services.