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

Cranswick plc (LON:CWK - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 5,140.20 ($69.34) and traded as high as GBX 5,150 ($69.47). Cranswick shares last traded at GBX 5,060 ($68.26), with a volume of 79,217 shares.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "house stock" rating on shares of Cranswick in a report on Friday, August 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of GBX 5,370.

Cranswick Stock Performance

The business has a fifty day simple moving average of GBX 5,243.54 and a two-hundred day simple moving average of GBX 5,145.12. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.98. The company has a market cap of £2.74 billion, a P/E ratio of 2,084.52, a P/E/G ratio of 2.62 and a beta of 0.44.

Insider Buying and Selling

In related news, insider Jim Brisby sold 12,346 shares of the firm's stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of GBX 5,218, for a total value of £644,214.28. Also, insider Adam Couch sold 18,622 shares of the firm's stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of GBX 5,218, for a total value of £971,695.96. In the last quarter, insiders purchased 574 shares of company stock worth $3,008,910 and sold 60,038 shares worth $314,037,280. 2.54% of the stock is 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.