Greggs (OTCMKTS:GGGSF) Stock Price Down 4.6% – Here’s Why

Greggs plc (OTCMKTS:GGGSFGet Free Report) shares fell 4.6% during mid-day trading on Tuesday . The stock traded as low as $22.00 and last traded at $22.00. 250 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 10,249 shares. The stock had previously closed at $23.06.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Greggs in a report on Thursday, October 2nd. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

View Our Latest Stock Analysis on Greggs

Greggs Stock Performance

The business’s 50 day simple moving average is $21.85 and its two-hundred day simple moving average is $22.83.

About Greggs

(Get Free Report)

Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses.

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