Insider Selling: Cranswick (LON:CWK) Insider Sells £5,605.60 in Stock

Cranswick plc (LON:CWK) insider Mark Bottomley sold 110 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of GBX 5,096, for a total value of £5,605.60.

Mark Bottomley also recently made the following trade(s):

• On Tuesday, March 24th, Mark Bottomley sold 250 shares of Cranswick stock. The shares were sold at an average price of GBX 5,097, for a total value of £12,742.50.

Cranswick Stock Performance

LON CWK opened at GBX 5,120 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.78 and a debt-to-equity ratio of 40.43. Cranswick plc has a twelve month low of GBX 4,590 and a twelve month high of GBX 5,590. The business has a 50-day moving average price of GBX 5,263.68 and a 200-day moving average price of GBX 5,090.69. The firm has a market cap of £2.74 billion, a price-to-earnings ratio of 18.92, a price-to-earnings-growth ratio of 2.62 and a beta of 0.59.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CWK. Berenberg Bank reaffirmed a “hold” rating and set a GBX 5,770 price objective on shares of Cranswick in a report on Tuesday, January 27th. Jefferies Financial Group reiterated a “buy” rating on shares of Cranswick in a research report on Monday, February 2nd. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 5,790.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.