Cranswick plc (LON:CWK - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 5,104.08 ($67.84) and traded as high as GBX 5,330 ($70.84). Cranswick shares last traded at GBX 5,320 ($70.71), with a volume of 70,923 shares trading hands.
Wall Street Analyst Weigh In
Separately, Shore Capital restated a "house stock" rating on shares of Cranswick in a report on Monday, July 28th.
Check Out Our Latest Stock Report on Cranswick
Cranswick Trading Up 0.2%
The company has a fifty day simple moving average of GBX 5,272.97 and a two-hundred day simple moving average of GBX 5,104.08. 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 company has a market capitalization of £2.87 billion, a P/E ratio of 25.36, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44.
Cranswick (LON:CWK - Get Free Report) last posted its earnings results on Tuesday, May 20th. The company reported GBX 273.40 ($3.63) earnings per share for the quarter. Cranswick had a return on equity of 12.64% and a net margin of 4.35%. On average, analysts forecast that Cranswick plc will post 258.5590189 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, insider Mark Bottomley sold 12,346 shares of Cranswick stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of GBX 5,218 ($69.35), for a total value of £644,214.28 ($856,212.49). Also, insider Christopher Aldersley sold 12,346 shares of Cranswick stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of GBX 5,218 ($69.35), for a total value of £644,214.28 ($856,212.49). In the last ninety days, insiders purchased 574 shares of company stock valued at $3,025,170 and sold 60,038 shares valued at $314,037,280. Company insiders own 4.54% of the company's stock.
About Cranswick
(
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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.
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