Cranswick plc (LON:CWK) Insider Mark Reckitt Purchases 315 Shares of Stock

Cranswick plc (LON:CWKGet Rating) insider Mark Reckitt bought 315 shares of Cranswick stock in a transaction that occurred on Wednesday, November 23rd. The stock was bought at an average price of GBX 3,170 ($37.48) per share, with a total value of £9,985.50 ($11,807.38).

Cranswick Stock Performance

LON CWK opened at GBX 3,144 ($37.18) on Friday. The firm has a market cap of £1.68 billion and a price-to-earnings ratio of 1,612.31. The company has a 50 day moving average of GBX 2,885.73 and a 200-day moving average of GBX 3,033.06. The company has a current ratio of 1.54, a quick ratio of 0.91 and a debt-to-equity ratio of 13.81. Cranswick plc has a 1-year low of GBX 2,548 ($30.13) and a 1-year high of GBX 3,888 ($45.97).

Cranswick Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 27th. Stockholders of record on Thursday, December 15th will be issued a dividend of GBX 20.60 ($0.24) per share. This represents a dividend yield of 0.67%. The ex-dividend date of this dividend is Thursday, December 15th. Cranswick’s payout ratio is 36.56%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CWK shares. Shore Capital reiterated a “house stock” rating on shares of Cranswick in a research note on Tuesday. Berenberg Bank restated a “buy” rating and set a GBX 4,000 ($47.30) price target on shares of Cranswick in a research note on Wednesday.

Cranswick Company Profile

(Get Rating)

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, gourmet pastries, and ingredients, as well as cheeses and pasta.

Further Reading

Receive News & Ratings for Cranswick Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cranswick and related companies with MarketBeat.com's FREE daily email newsletter.