Cranswick (LON:CWK) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Cranswick plc (LON:CWK - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 5,033.73 ($68.74) and traded as high as GBX 5,370 ($73.33). Cranswick shares last traded at GBX 5,296.38 ($72.33), with a volume of 402,724 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Shore Capital restated a "house stock" rating on shares of Cranswick in a research note on Tuesday, May 20th. Berenberg Bank reissued a "hold" rating and set a GBX 5,370 ($73.33) price target on shares of Cranswick in a report on Monday, March 31st.

Cranswick Price Performance

The stock has a fifty day moving average of GBX 5,273.89 and a two-hundred day moving average of GBX 5,039.81. The stock has a market cap of £2.83 billion, a price-to-earnings ratio of 24.98, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.98.

Cranswick (LON:CWK - Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The company reported GBX 273.40 ($3.73) earnings per share for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. On average, equities research analysts anticipate that Cranswick plc will post 258.5590189 earnings per share for the current year.

Insider Transactions at Cranswick

In other news, insider Mark Bottomley sold 378 shares of the business's stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of GBX 5,300 ($72.37), for a total transaction of £20,034 ($27,357.64). Insiders have bought 381 shares of company stock valued at $2,019,900 over the last three months. Company insiders own 4.54% of the company's stock.

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.