Wynnstay Group (LON:WYN) Earns House Stock Rating from Shore Capital

Wynnstay Group (LON:WYN)‘s stock had its “house stock” rating reiterated by equities research analysts at Shore Capital in a report issued on Tuesday, Marketbeat.com reports.

Separately, Canaccord Genuity Group decreased their target price on shares of Wynnstay Group from GBX 470 ($6.05) to GBX 430 ($5.54) and set a “buy” rating on the stock in a research report on Thursday, February 13th.

Wynnstay Group Stock Down 1.0 %

Shares of WYN opened at GBX 302 ($3.89) on Tuesday. The company has a debt-to-equity ratio of 11.53, a current ratio of 2.00 and a quick ratio of 1.03. The stock has a market capitalization of £69.60 million, a price-to-earnings ratio of 11.22 and a beta of 0.58. Wynnstay Group has a 1 year low of GBX 270 ($3.48) and a 1 year high of GBX 400 ($5.15). The business’s 50 day simple moving average is GBX 305.40 and its 200-day simple moving average is GBX 311.92.

Wynnstay Group (LON:WYN) last announced its quarterly earnings results on Tuesday, February 11th. The company reported GBX 23.78 ($0.31) earnings per share for the quarter. Wynnstay Group had a net margin of 0.97% and a return on equity of 4.69%. As a group, equities analysts expect that Wynnstay Group will post 24.9054054 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Gareth Davies sold 3,304 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of GBX 322 ($4.15), for a total transaction of £10,638.88 ($13,697.54). Also, insider Stephen John Ellwood purchased 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were acquired at an average cost of GBX 328 ($4.22) per share, with a total value of £4,920 ($6,334.49). 26.31% of the stock is owned by insiders.

About Wynnstay Group

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.