Glanbia (OTCMKTS:GLAPY) Rating Lowered to “Hold” at Kepler Capital Markets

Glanbia (OTCMKTS:GLAPY) was downgraded by Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Separately, Zacks Research raised shares of Glanbia to a “hold” rating in a report on Tuesday. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, Glanbia currently has an average rating of “Hold”.

Glanbia Stock Performance

OTCMKTS:GLAPY opened at $98.24 on Wednesday. Glanbia has a 1 year low of $52.40 and a 1 year high of $99.00. The company has a current ratio of 1.67, a quick ratio of 0.89 and a debt-to-equity ratio of 0.41. The stock has a fifty day moving average price of $92.97 and a two-hundred day moving average price of $86.33.

About Glanbia

Glanbia plc is a global nutrition company headquartered in Kilkenny, Ireland. The company operates through two principal divisions: Performance Nutrition and Glanbia Nutritionals. Performance Nutrition develops and markets sports and lifestyle nutrition products, including powders, bars and ready-to-drink beverages for athletes and fitness enthusiasts. Glanbia Nutritionals supplies dairy-based ingredients, specialty cheeses, whey proteins, nutrient premixes and functional food solutions to food, beverage and supplement manufacturers worldwide.

Glanbia was formed in 1997 through the merger of Avonmore Food plc and Waterford Foods plc.