Cranswick (LON:CWK) Trading Down 7.6% - Should You Sell?

Cranswick plc (LON:CWK - Get Free Report) shares fell 7.6% during mid-day trading on Monday . The stock traded as low as GBX 4,902.50 ($65.12) and last traded at GBX 4,950 ($65.75). 340,146 shares traded hands during mid-day trading, an increase of 145% from the average session volume of 138,641 shares. The stock had previously closed at GBX 5,360 ($71.20).

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CWK. Shore Capital reissued a "house stock" rating on shares of Cranswick in a research report on Thursday, March 20th. Berenberg Bank reaffirmed a "hold" rating and set a GBX 5,370 ($71.33) price target on shares of Cranswick in a research report on Monday, March 31st.

Cranswick Trading Up 0.3%

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 firm's 50 day simple moving average is GBX 5,008.59 and its two-hundred day simple moving average is GBX 4,967.52. The stock has a market cap of £2.79 billion, a P/E ratio of 24.67, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44.

Insider Buying and Selling at Cranswick

In other news, insider Jim Brisby sold 7,000 shares of the company's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of GBX 5,011 ($66.56), for a total transaction of £350,770 ($465,953.77). 4.54% of the stock is owned by insiders.

About Cranswick

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.