Greencore Group (LON:GNC) Reaches New 12-Month High at $137.40

Greencore Group plc (LON:GNC)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 137.40 ($1.70) and last traded at GBX 135.60 ($1.67), with a volume of 906482 shares traded. The stock had previously closed at GBX 128.60 ($1.59).

Analysts Set New Price Targets

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

Greencore Group Stock Up 3.3 %

The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 68.62. The stock’s 50-day simple moving average is GBX 116.92 and its 200 day simple moving average is GBX 103.57. The firm has a market cap of £621.53 million, a P/E ratio of 1,897.14, a PEG ratio of 0.10 and a beta of 1.16.

Insider Activity at Greencore Group

In other Greencore Group news, insider Linda Hickey bought 50,000 shares of the stock in a transaction on Tuesday, February 13th. The stock was acquired at an average cost of GBX 100 ($1.24) per share, for a total transaction of £50,000 ($61,758.89). 2.13% of the stock is owned by corporate insiders.

Greencore Group Company Profile

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.