Greencore Group (LON:GNC) Sets New 52-Week High at $124.00

Greencore Group plc (LON:GNCGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 124 ($1.56) and last traded at GBX 123.20 ($1.55), with a volume of 2320370 shares trading hands. The stock had previously closed at GBX 119.30 ($1.50).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Greencore Group in a research note on Thursday, March 28th.

Check Out Our Latest Stock Report on Greencore Group

Greencore Group Price Performance

The firm has a market capitalization of £578.44 million, a P/E ratio of 1,704.29, a price-to-earnings-growth ratio of 0.10 and a beta of 1.16. The company has a debt-to-equity ratio of 68.62, a quick ratio of 0.62 and a current ratio of 0.69. The business has a 50 day simple moving average of GBX 105.62 and a two-hundred day simple moving average of GBX 96.24.

Insiders Place Their Bets

In other news, insider Harshitkumar (Hetal) Shah acquired 40,394 shares of Greencore Group stock in a transaction dated Monday, January 8th. The shares were purchased at an average cost of GBX 98 ($1.23) per share, for a total transaction of £39,586.12 ($49,693.85). In other news, insider Harshitkumar (Hetal) Shah acquired 40,394 shares of Greencore Group stock in a transaction dated Monday, January 8th. The shares were purchased at an average cost of GBX 98 ($1.23) per share, for a total transaction of £39,586.12 ($49,693.85). Also, insider Anne O’Leary acquired 50,000 shares of Greencore Group stock in a transaction dated Tuesday, February 20th. The shares were purchased at an average price of GBX 105 ($1.32) per share, for a total transaction of £52,500 ($65,905.10). Insiders have acquired 140,394 shares of company stock worth $14,208,612 in the last ninety days. 2.13% of the stock is currently owned by insiders.

About Greencore Group

(Get Free Report)

Greencore Group plc, together with its subsidiaries, manufactures and sells convenience food products in the United Kingdom and Ireland. The company offers sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings.

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