Glanbia (LON:GLB) Stock Passes Below Fifty Day Moving Average - Time to Sell?

Glanbia plc (LON:GLB - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 12.52 ($0.17) and traded as low as GBX 12.50 ($0.17). Glanbia shares last traded at GBX 12.89 ($0.17), with a volume of 22,449 shares.

Glanbia Trading Down 1.6%

The business has a fifty day moving average of GBX 12.64 and a 200-day moving average of GBX 12.16. The stock has a market capitalization of £3.33 billion, a price-to-earnings ratio of 25.97, a price-to-earnings-growth ratio of 8.32 and a beta of 0.47. The company has a debt-to-equity ratio of 48.90, a current ratio of 1.63 and a quick ratio of 0.86.

Insiders Place Their Bets

In related news, insider Thomas Phelan purchased 1,558 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were purchased at an average price of GBX 1,151 ($15.47) per share, with a total value of £17,932.58 ($24,099.69). Corporate insiders own 30.55% of the company's stock.

About Glanbia

We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.