Cranswick (LON:CWK) Reaches New 12-Month High at $4,330.00

Shares of Cranswick plc (LON:CWK) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 4,330 ($54.40) and last traded at GBX 4,330 ($54.40), with a volume of 56540 shares. The stock had previously closed at GBX 4,300 ($54.02).

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CWK. Shore Capital reaffirmed a “house stock” rating on shares of Cranswick in a research note on Tuesday, April 2nd. Redburn Partners started coverage on shares of Cranswick in a research report on Wednesday, March 20th. They issued a “buy” rating and a GBX 4,900 ($61.56) price objective on the stock. Finally, Berenberg Bank increased their target price on Cranswick from GBX 4,694 ($58.97) to GBX 4,921 ($61.82) and gave the stock a “buy” rating in a report on Wednesday, January 31st. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Cranswick presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,405.25 ($55.34).

Cranswick Stock Down 0.1 %

The company has a market capitalization of £2.34 billion, a price-to-earnings ratio of 1,838.30, a P/E/G ratio of 2.62 and a beta of 0.44. The stock’s fifty day moving average price is GBX 4,134.23 and its 200-day moving average price is GBX 3,945.49. The company has a quick ratio of 1.02, a current ratio of 1.81 and a debt-to-equity ratio of 19.32.

Insiders Place Their Bets

In other Cranswick news, insider Christopher Aldersley sold 1,330 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of GBX 4,090 ($51.38), for a total value of £54,397 ($68,337.94). In other news, insider Christopher Aldersley sold 1,330 shares of the stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of GBX 4,090 ($51.38), for a total transaction of £54,397 ($68,337.94). Also, insider Mark Bottomley sold 400 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of GBX 4,184 ($52.56), for a total transaction of £16,736 ($21,025.13). Insiders own 4.49% 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.