Glanbia (LON:GLB) Shares Cross Above 50-Day Moving Average - Should You Sell?

Key Points

• Glanbia's stock price recently crossed above its 50-day moving average, reaching GBX 14.03 ($0.19), with a trading volume of 397,217 shares.
• The company has a debt-to-equity ratio of 48.90 and a market capitalization of £35.13 million, while reporting a price-to-earnings ratio of 29.85.
• Despite the positive movement in stock price, Glanbia's shares have seen a slight decline of 0.5% recently.

Shares of Glanbia plc (LON:GLB - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 13.54 ($0.18) and traded as high as GBX 14.03 ($0.19). Glanbia shares last traded at GBX 14.03 ($0.19), with a volume of 397,217 shares traded.

Glanbia Stock Performance

The firm's 50 day moving average price is GBX 13.56 and its 200-day moving average price is GBX 12.20. The company has a debt-to-equity ratio of 48.90, a quick ratio of 0.86 and a current ratio of 1.63. The firm has a market capitalization of £35.86 million, a PE ratio of 30.47, a price-to-earnings-growth ratio of 8.32 and a beta of 0.47.

Glanbia Company Profile

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.