Wynnstay Group (LON:WYN) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Shares of Wynnstay Group Plc (LON:WYN) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 354.32 and traded as low as GBX 345. Wynnstay Group shares last traded at GBX 359.99, with a volume of 30,415 shares changing hands.

Wynnstay Group Stock Up 3.6%

The company has a current ratio of 2.00, a quick ratio of 1.03 and a debt-to-equity ratio of 11.53. The company’s 50 day moving average price is GBX 337.11 and its two-hundred day moving average price is GBX 354.32. The firm has a market cap of £83.05 million, a PE ratio of 22.30 and a beta of 0.58.

Insiders Place Their Bets

In related news, insider Steven Esom purchased 2,891 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were acquired at an average cost of GBX 345 per share, for a total transaction of £9,973.95. Also, insider Rob Thomas purchased 2,891 shares of Wynnstay Group stock in a transaction dated Monday, December 1st. The stock was bought at an average cost of GBX 345 per share, with a total value of £9,973.95. In the last 90 days, insiders have acquired 5,863 shares of company stock valued at $2,022,816. 4.14% of the stock is owned by company insiders.

Wynnstay Group Company Profile

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.