Greencore Group (LON:GNC) Share Price Crosses Above 200 Day Moving Average of $104.73

Greencore Group plc (LON:GNC)’s share price crossed 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.

Wall Street Analysts Forecast Growth

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

Greencore Group Price Performance

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 firm has a market cap of £624.35 million, a P/E ratio of 1,905.71, a PEG ratio of 0.10 and a beta of 1.17. The company’s 50-day moving average is GBX 119.20 and its two-hundred day moving average is GBX 104.73.

Insider Transactions at Greencore Group

In other news, insider Anne O’Leary acquired 50,000 shares of the stock in a transaction on Tuesday, February 20th. The stock was acquired at an average cost of GBX 105 ($1.32) per share, for a total transaction of £52,500 ($65,946.49). 2.13% of the stock is currently owned by 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.