Cranswick (LON:CWK) Hits New 52-Week High at $4,305.71

Cranswick plc (LON:CWK)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 4,305.71 ($53.18) and last traded at GBX 4,305 ($53.17), with a volume of 254669 shares traded. The stock had previously closed at GBX 4,290 ($52.99).

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Berenberg Bank lifted their price target on Cranswick from GBX 4,694 ($57.98) to GBX 4,921 ($60.78) and gave the stock a “buy” rating in a research note on Wednesday, January 31st. Redburn Partners started coverage on Cranswick in a research report on Wednesday, March 20th. They issued a “buy” rating and a GBX 4,900 ($60.52) price objective on the stock. Finally, Shore Capital reiterated a “house stock” rating on shares of Cranswick in a research report on Tuesday, April 2nd. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 4,405.25 ($54.41).

Cranswick Trading Up 0.3 %

The stock has a market capitalization of £2.32 billion, a P/E ratio of 1,825.53, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The stock has a 50-day moving average price of GBX 4,068.89 and a two-hundred day moving average price of GBX 3,902.19. The company has a debt-to-equity ratio of 19.32, a quick ratio of 1.02 and a current ratio of 1.81.

Insider Transactions at Cranswick

In related news, insider Mark Bottomley sold 400 shares of Cranswick stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of GBX 4,184 ($51.68), for a total transaction of £16,736 ($20,671.94). In related news, insider Mark Bottomley sold 400 shares of Cranswick stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of GBX 4,184 ($51.68), for a total transaction of £16,736 ($20,671.94). Also, insider Christopher Aldersley sold 1,330 shares of Cranswick stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of GBX 4,090 ($50.52), for a total value of £54,397 ($67,189.97). Corporate insiders own 4.89% of the company’s stock.

About Cranswick

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.