Irish Continental Group (LON:ICGC) Share Price Passes Below 200 Day Moving Average – What’s Next?

Irish Continental Group plc (LON:ICGC)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 466.62 ($6.07) and traded as low as GBX 439 ($5.71). Irish Continental Group shares last traded at GBX 439 ($5.71), with a volume of 5,103 shares traded.

Irish Continental Group Stock Performance

The stock has a market cap of £724.15 million, a PE ratio of 1,463.33 and a beta of 0.99. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 94.03. The stock has a 50-day moving average of GBX 466.34 and a 200 day moving average of GBX 466.62.

Irish Continental Group Cuts Dividend

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