Greencore Group (LON:GNC) Share Price Passes Above Two Hundred Day Moving Average of $104.73

Shares of Greencore Group plc (LON:GNC) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 104.73 ($1.32) and traded as high as GBX 134 ($1.68). Greencore Group shares last traded at GBX 133.40 ($1.68), with a volume of 359,849 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Greencore Group in a report on Thursday, March 28th.

Greencore Group Trading Up 0.5 %

The business has a 50 day simple moving average of GBX 119.84 and a 200-day simple moving average of GBX 105.03. The company has a debt-to-equity ratio of 68.62, a quick ratio of 0.62 and a current ratio of 0.69. The stock has a market capitalization of £624.35 million, a P/E ratio of 1,905.71, a price-to-earnings-growth ratio of 0.10 and a beta of 1.17.

Insider Buying and Selling at Greencore Group

In other news, insider Linda Hickey purchased 50,000 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was purchased at an average cost of GBX 100 ($1.26) per share, with a total value of £50,000 ($62,806.18). 2.13% of the stock is currently owned by corporate insiders.

Greencore Group Company Profile

Greencore Group plc, together with its subsidiaries, manufactures and sells convenience food products in the United Kingdom and Ireland. The company offers sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings.