Greencore Group (LON:GNC) Reaches New 1-Year High at $137.40

Greencore Group plc (LON:GNC) shares hit a new 52-week high during trading on Friday . The company traded as high as GBX 137.40 ($1.70) and last traded at GBX 135.60 ($1.67), with a volume of 906482 shares trading hands. The stock had previously closed at GBX 128.60 ($1.59).

Analyst Upgrades and Downgrades

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

Greencore Group Stock Up 3.3 %

The company has a debt-to-equity ratio of 68.62, a current ratio of 0.69 and a quick ratio of 0.62. The business has a 50 day moving average of GBX 116.92 and a 200 day moving average of GBX 103.57. The firm has a market capitalization of £621.53 million, a price-to-earnings ratio of 1,897.14, a price-to-earnings-growth ratio of 0.10 and a beta of 1.16.

Insider Activity

In other Greencore Group news, insider Linda Hickey purchased 50,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The stock was purchased at an average price of GBX 100 ($1.24) per share, for a total transaction of £50,000 ($61,758.89). 2.13% of the stock is owned by company 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.