Hugh McGuire Sells 42,719 Shares of Glanbia plc (LON:GLB) Stock

Glanbia plc (LON:GLB) insider Hugh McGuire sold 42,719 shares of the firm’s stock in a transaction on Friday, March 28th. The shares were sold at an average price of GBX 1,055 ($13.64), for a total value of £450,685.45 ($582,657.34).

Glanbia Stock Performance

LON:GLB opened at GBX 10.27 ($0.13) on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.63 and a debt-to-equity ratio of 48.90. Glanbia plc has a fifty-two week low of GBX 9.93 ($0.13) and a fifty-two week high of GBX 19.62 ($0.25). The firm’s fifty day simple moving average is GBX 12.52 and its 200-day simple moving average is GBX 13.91. The stock has a market cap of £2.61 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 8.32 and a beta of 0.47.

Glanbia Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, March 20th will be given a dividend of €0.23 ($0.25) per share. This is a positive change from Glanbia’s previous dividend of $0.16. This represents a yield of 2.18%. The ex-dividend date of this dividend is Thursday, March 20th. Glanbia’s dividend payout ratio is presently 7,340.94%.

Glanbia Company Profile

We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.