Cranswick (LON:CWK) Shares Cross Above 200-Day Moving Average - Should You Sell?

Cranswick plc (LON:CWK - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4,958.57 ($65.70) and traded as high as GBX 5,100 ($67.58). Cranswick shares last traded at GBX 5,080 ($67.31), with a volume of 57,678 shares.

Analyst Ratings Changes

A number of analysts recently issued reports on CWK shares. Shore Capital restated a "house stock" rating on shares of Cranswick in a research report on Thursday, March 20th. Berenberg Bank restated a "hold" rating and issued a GBX 400 ($5.30) target price on shares of Cranswick in a report on Monday, March 31st.

Cranswick Price Performance

The stock has a 50 day moving average of GBX 4,917.18 and a 200-day moving average of GBX 4,958.71. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 13.98. The stock has a market capitalization of £2.73 billion, a P/E ratio of 24.13, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44.

Insider Transactions at Cranswick

In other news, insider Jim Brisby sold 7,000 shares of the firm's stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of GBX 5,011 ($66.40), for a total transaction of £350,770 ($464,780.71). Corporate insiders own 4.54% of the company's stock.

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.