Origin Enterprises (LON:OGN) Shares Up 1.5% – Time to Buy?

Shares of Origin Enterprises plc (LON:OGN) traded up 1.5% during mid-day trading on Wednesday. The company traded as high as GBX 340 and last traded at GBX 340. Approximately 23,431 shares traded hands during trading, an increase of 1,649% from the average daily volume of 1,340 shares. The stock had previously closed at GBX 335.

Origin Enterprises Price Performance

The company has a 50 day simple moving average of GBX 351.87 and a 200 day simple moving average of GBX 273.69. The company has a market capitalization of £355.35 million, a price-to-earnings ratio of 7.99 and a beta of 0.20. The company has a quick ratio of 0.69, a current ratio of 1.25 and a debt-to-equity ratio of 69.58.

Insider Activity

In other Origin Enterprises news, insider Sean Coyle bought 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was purchased at an average price of GBX 410 per share, with a total value of £6,150. Insiders own 3.29% of the company’s stock.

Origin Enterprises Company Profile

Origin is an international group delivering a diverse range of technically-led solutions, products, and services across the agriculture, sports, landscaping, and environmental sectors. By integrating our expertise with innovative offerings, we provide efficient and sustainable solutions tailored to meet the evolving needs of our customers. With leading market positions in Ireland, the United Kingdom, Brazil, Poland, and Romania, Origin is uniquely positioned to respond to global land use trends and contribute to a healthier planet.