Wynnstay Group (LON:WYN) Stock Passes Below 200 Day Moving Average – Should You Sell?

Wynnstay Group Plc (LON:WYN) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 355.48 and traded as low as GBX 326. Wynnstay Group shares last traded at GBX 332, with a volume of 39,985 shares trading hands.

Wynnstay Group Trading Up 2.4%

The company has a quick ratio of 1.03, a current ratio of 2.00 and a debt-to-equity ratio of 11.53. The company has a market cap of £78.43 million, a price-to-earnings ratio of 21.07 and a beta of 0.58. The firm has a 50 day moving average price of GBX 340.95 and a two-hundred day moving average price of GBX 355.48.

Insider Activity

In other news, insider Catherine Smith bought 506 shares of the firm’s stock in a transaction on Wednesday, September 24th. The stock was acquired at an average price of GBX 375 per share, with a total value of £1,897.50. Also, insider David Christensen purchased 3,000 shares of the company’s stock in a transaction dated Monday, October 6th. The stock was purchased at an average price of GBX 360 per share, for a total transaction of £10,800. Over the last quarter, insiders acquired 9,369 shares of company stock worth $3,292,566. 4.14% of the stock is owned by company insiders.

About Wynnstay Group

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.