Greencore Group (LON:GNC) Stock Price Crosses Above Two Hundred Day Moving Average of $104.73

Shares of Greencore Group plc (LON:GNC) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 104.73 ($1.32) and traded as high as GBX 134 ($1.68). Greencore Group shares last traded at GBX 133.40 ($1.68), with a volume of 359,849 shares.

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.

Greencore Group Price Performance

The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 68.62. The stock has a market cap of £624.35 million, a PE ratio of 1,905.71, a PEG ratio of 0.10 and a beta of 1.17. The business has a 50-day moving average price of GBX 119.20 and a 200 day moving average price of GBX 104.73.

Insider Activity at Greencore Group

In other Greencore Group news, insider Anne O’Leary bought 50,000 shares of the business’s stock in a transaction on Tuesday, February 20th. The stock was purchased at an average price of GBX 105 ($1.32) per share, for a total transaction of £52,500 ($65,946.49). 2.13% of the stock is currently owned by company insiders.

About Greencore Group

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.