Glanbia (LON:GLB) Sets New 12-Month High – What’s Next?

Glanbia plc (LON:GLBGet Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 25.60 and last traded at GBX 24.09, with a volume of 88770 shares changing hands. The stock had previously closed at GBX 23.96.

Glanbia Stock Down 1.6%

The company has a market capitalization of £55.64 million, a PE ratio of 0.32, a price-to-earnings-growth ratio of 8.32 and a beta of 0.51. The firm’s 50-day simple moving average is GBX 21.96 and its 200 day simple moving average is GBX 18.48. The company has a debt-to-equity ratio of 58.40, a quick ratio of 0.85 and a current ratio of 1.36.

Insider Buying and Selling

In related news, insider Hugh McGuire sold 43,956 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of GBX 2,061, for a total transaction of £905,933.16. Corporate insiders own 1.29% of the company’s stock.

Glanbia Company Profile

(Get Free Report)

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.

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