Cranswick (LON:CWK) Receives House Stock Rating from Shore Capital

Key Points

• Cranswick's stock received a "house stock" rating reissued by Shore Capital, highlighting analysts' positive outlook on the company.
• Shares of Cranswick traded down to GBX 4,863.81 with a market cap of £2.60 billion and a price-to-earnings ratio of 1,976.36.
• Insider transactions showed buying and selling activity, with one insider purchasing 190 shares and another selling 4,000 shares recently.

Cranswick (LON:CWK - Get Free Report)'s stock had its "house stock" rating reissued by investment analysts at Shore Capital in a research note issued to investors on Tuesday,Digital Look reports.

Cranswick Stock Performance

Shares of LON:CWK traded down GBX 41.19 during midday trading on Tuesday, hitting GBX 4,863.81. The company had a trading volume of 90,669 shares, compared to its average volume of 127,954. Cranswick has a 12-month low of GBX 4,555 and a 12-month high of GBX 5,590. The company has a fifty day moving average of GBX 5,145.40 and a two-hundred day moving average of GBX 5,159.95. The company has a market cap of £2.60 billion, a price-to-earnings ratio of 1,976.36, a PEG ratio of 2.62 and a beta of 0.44. The company has a debt-to-equity ratio of 13.98, a current ratio of 1.66 and a quick ratio of 1.02.

Insider Buying and Selling

In other news, insider Yetunde Hofmann bought 190 shares of the firm's stock in a transaction on Wednesday, July 9th. The shares were bought at an average price of GBX 5,208 per share, for a total transaction of £9,895.20. Also, insider Jim Brisby sold 4,000 shares of Cranswick stock in a transaction on Thursday, July 24th. The shares were sold at an average price of GBX 5,400, for a total transaction of £216,000. Over the last quarter, insiders have purchased 199 shares of company stock valued at $1,020,594. 2.54% of the stock is currently owned by corporate insiders.

About Cranswick

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.

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