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

Cranswick plc (LON:CWK - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4,963.22 ($65.98) and traded as high as GBX 5,280 ($70.19). Cranswick shares last traded at GBX 5,250 ($69.80), with a volume of 97,186 shares changing hands.

Analyst Ratings Changes

Several equities analysts have commented on CWK shares. Shore Capital restated a "house stock" rating on shares of Cranswick in a research note on Thursday, March 20th. Berenberg Bank reiterated a "hold" rating and set a GBX 5,370 ($71.39) price target on shares of Cranswick in a research note on Monday, March 31st.

Cranswick Stock Performance

The firm has a market cap of £2.89 billion, a price-to-earnings ratio of 25.55, 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. The stock has a fifty day moving average price of GBX 4,976.54 and a 200-day moving average price of GBX 4,966.18.

Insider Transactions at Cranswick

In other news, insider Jim Brisby sold 7,000 shares of Cranswick stock in a transaction on Friday, March 21st. The stock was sold at an average price of GBX 5,011 ($66.62), for a total transaction of £350,770 ($466,325.45). 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.