Glanbia (LON:GLB) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

Glanbia plc (LON:GLBGet Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 14.70 and traded as low as GBX 14. Glanbia shares last traded at GBX 14.10, with a volume of 3,301 shares changing hands.

Glanbia Price Performance

The business’s 50-day moving average price is GBX 14.70 and its two-hundred day moving average price is GBX 13.88. The firm has a market cap of £34.19 million, a price-to-earnings ratio of 0.30, a P/E/G ratio of 8.32 and a beta of 0.47. The company has a debt-to-equity ratio of 48.90, a current ratio of 1.63 and a quick ratio of 0.86.

Glanbia Company Profile

(Get Free Report)

We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.

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