Cranswick (LON:CWK) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Shares of Cranswick plc (LON:CWK - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 5,062.33 ($67.95) and traded as high as GBX 5,250 ($70.47). Cranswick shares last traded at GBX 5,230 ($70.20), with a volume of 56,803 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Shore Capital reiterated a "house stock" rating on shares of Cranswick in a research report on Tuesday, May 20th. Berenberg Bank reissued a "hold" rating and issued a GBX 5,370 ($72.08) price target on shares of Cranswick in a research note on Monday, March 31st.

Cranswick Trading Up 0.4%

The firm has a market capitalization of £2.82 billion, a price-to-earnings ratio of 24.89, a P/E/G 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. The firm's 50-day simple moving average is GBX 5,268.20 and its 200 day simple moving average is GBX 5,063.70.

Cranswick (LON:CWK - Get Free Report) last posted its earnings results on Tuesday, May 20th. The company reported GBX 273.40 ($3.67) earnings per share for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. Equities analysts expect that Cranswick plc will post 258.5590189 earnings per share for the current year.

Insider Activity

In other Cranswick news, insider Christopher Aldersley sold 12,346 shares of the company's stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of GBX 5,218 ($70.04), for a total value of £644,214.28 ($864,717.15). Also, insider Jim Brisby sold 12,346 shares of the company's stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of GBX 5,218 ($70.04), for a total transaction of £644,214.28 ($864,717.15). In the last ninety days, insiders have acquired 571 shares of company stock valued at $3,009,420 and have sold 56,038 shares valued at $292,437,280. 4.54% of the stock is currently owned by company insiders.

Cranswick Company Profile

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers. Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.