Adam Couch Sells 18,622 Shares of Cranswick plc (LON:CWK) Stock

Cranswick plc (LON:CWK - Get Free Report) insider Adam Couch sold 18,622 shares of the stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of GBX 5,218 ($70.92), for a total value of £971,695.96 ($1,320,597.93).

Cranswick Price Performance

Shares of LON:CWK traded up GBX 20.26 ($0.28) during midday trading on Thursday, hitting GBX 5,160.26 ($70.13). The company had a trading volume of 54,589 shares, compared to its average volume of 128,616. Cranswick plc has a twelve month low of GBX 4,405 ($59.87) and a twelve month high of GBX 5,590 ($75.97). The company has a debt-to-equity ratio of 13.98, a current ratio of 1.66 and a quick ratio of 1.02. The stock has a market cap of £2.78 billion, a price-to-earnings ratio of 24.56, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The business's 50-day simple moving average is GBX 5,276.35 and its 200-day simple moving average is GBX 5,043.79.

Cranswick (LON:CWK - Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The company reported GBX 273.40 ($3.72) EPS for the quarter. Cranswick had a return on equity of 12.64% and a net margin of 4.35%. On average, research analysts predict that Cranswick plc will post 258.5590189 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on CWK. Berenberg Bank reissued a "hold" rating and set a GBX 5,370 ($72.98) target price on shares of Cranswick in a report on Monday, March 31st. Shore Capital reissued a "house stock" rating on shares of Cranswick in a report on Tuesday, May 20th.

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.