Greencore Group (LON:GNC) Sets New 52-Week High at $137.40

Greencore Group plc (LON:GNC) shares hit a new 52-week high during mid-day 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. The stock had previously closed at GBX 128.60 ($1.59).

Wall Street Analyst Weigh In

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

Greencore Group Stock Performance

The company has a market capitalization of £621.53 million, a price-to-earnings ratio of 1,837.14, a P/E/G ratio of 0.10 and a beta of 1.16. The company has a debt-to-equity ratio of 68.62, a quick ratio of 0.62 and a current ratio of 0.69. The firm has a 50-day simple moving average of GBX 116.32 and a two-hundred day simple moving average of GBX 102.99.

Insider Buying and Selling

In other Greencore Group news, insider Linda Hickey purchased 50,000 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was purchased at an average cost of GBX 100 ($1.24) per share, with a total value of £50,000 ($61,758.89). 2.13% of the stock is 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.