Greencore Group (OTCMKTS:GNCGY) Shares Gap Up – Here’s What Happened

Shares of Greencore Group (OTCMKTS:GNCGY – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $15.85, but opened at $16.50. Greencore Group shares last traded at $16.50, with a volume of 809 shares trading hands.

Greencore Group Stock Performance

The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 0.74. The business’s 50-day moving average is $14.04 and its 200 day moving average is $12.60.

Greencore Group Company Profile

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Greencore Group plc is a food manufacturer and supplier focused primarily on the convenience food market in the United Kingdom. The company develops, manufactures and distributes chilled, frozen and ambient food products for grocery retailers, foodservice operators and other customers.

Its product portfolio includes ready meals, chilled soups and sauces, quiche, sandwiches, salads, sushi and other food-to-go products. Greencore operates manufacturing facilities and food development capabilities in the UK, supplying products through retail and foodservice channels.

The company has roots in Ireland’s former state-owned sugar business and evolved into a diversified convenience food producer.

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