Cranswick plc (LON:CWK) Insider Christopher Aldersley Buys 3 Shares of Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley purchased 3 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average cost of GBX 4,915 ($61.85) per share, for a total transaction of £147.45 ($185.54).

Cranswick Stock Performance

Shares of CWK opened at GBX 4,860 ($61.16) on Friday. Cranswick plc has a one year low of GBX 3,728 ($46.91) and a one year high of GBX 5,260 ($66.19). The company has a debt-to-equity ratio of 13.88, a current ratio of 1.66 and a quick ratio of 1.02. The company has a market capitalization of £2.61 billion, a PE ratio of 2,325.36, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The company’s fifty day moving average price is GBX 5,026.30 and its 200 day moving average price is GBX 4,753.59.

Cranswick Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, December 12th will be issued a dividend of GBX 25 ($0.31) per share. This represents a dividend yield of 0.49%. The ex-dividend date is Thursday, December 12th. Cranswick’s payout ratio is 4,306.22%.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 57 ($0.72) price objective on shares of Cranswick in a report on Tuesday, December 17th.

Cranswick Company Profile

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.