Cranswick plc (LON:CWK) Insider Sells £350,770 in Stock

Cranswick plc (LON:CWK) insider Jim Brisby sold 7,000 shares of Cranswick stock in a transaction on Friday, March 21st. The stock was sold at an average price of GBX 5,011 ($64.75), for a total value of £350,770 ($453,249.77).

Cranswick Stock Performance

Shares of CWK traded down GBX 10 ($0.13) during trading hours on Tuesday, hitting GBX 4,900 ($63.32). The company’s stock had a trading volume of 16,266 shares, compared to its average volume of 113,806. The business has a 50 day simple moving average of GBX 4,940.53 and a two-hundred day simple moving average of GBX 4,938.47. The company has a market cap of £2.64 billion, a price-to-earnings ratio of 23.32, a PEG ratio of 2.62 and a beta of 0.44. Cranswick plc has a 52-week low of GBX 3,995 ($51.62) and a 52-week high of GBX 5,260 ($67.97). The company has a debt-to-equity ratio of 13.98, a current ratio of 1.66 and a quick ratio of 1.02.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Cranswick in a research note on Thursday, March 20th.

About Cranswick

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers.

Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.