Greencore Group (LON:GNC) Receives “House Stock” Rating from Shore Capital

Shore Capital reiterated their house stock rating on shares of Greencore Group (LON:GNC) in a research report sent to investors on Thursday, MarketBeat Ratings reports.

Greencore Group Stock Performance

Shares of GNC stock opened at GBX 194.44 ($2.41) on Thursday. Greencore Group has a 12-month low of GBX 96 ($1.19) and a 12-month high of GBX 228.17 ($2.83). The business’s fifty day simple moving average is GBX 195.21 and its 200-day simple moving average is GBX 191.27. The company has a current ratio of 0.79, a quick ratio of 0.62 and a debt-to-equity ratio of 78.73. The company has a market cap of £872.45 million, a PE ratio of 1,944.44, a PEG ratio of 0.10 and a beta of 1.19.

Greencore Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 9th will be issued a GBX 2 ($0.02) dividend. This represents a yield of 1.01%. The ex-dividend date is Thursday, January 9th. Greencore Group’s dividend payout ratio is presently 6,000.00%.

About Greencore Group

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Excellence and Sustainability – The Greencore Way describes both who we are and how we will succeed.

We supply all of the major supermarkets in the UK.