Glanbia (OTCMKTS:GLAPY) Hits New 52-Week High - Here's Why

Key Points

• Glanbia Plc shares reached a new 52-week high of $83.00, with a significant increase of 16.9% from the previous closing price of $71.00.
• The stock demonstrated strong performance with a trading volume of 500 shares, indicating heightened investor interest.
• Glanbia operates globally, specializing in nutrition products, including sports nutrition, dairy, and non-dairy nutritional ingredients.

Shares of Glanbia Plc ADR (OTCMKTS:GLAPY - ) hit a new 52-week high on Thursday . The stock traded as high as $83.00 and last traded at $83.00, with a volume of 500 shares traded. The stock had previously closed at $71.00.

Glanbia Trading Up 16.9%

The company has a 50 day moving average of $71.00 and a two-hundred day moving average of $68.72. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.81 and a current ratio of 1.41.

About Glanbia

Glanbia plc, together with its subsidiaries, operates as a nutrition company worldwide. The company offers sports nutrition and lifestyle nutrition products in various formats, such as powders, ready-to-eat bars and snacking food, and ready-to-drink beverage. It also manufactures and sells cheese, dairy, and non-dairy nutritional and functional ingredients; and vitamin and mineral premixes products.

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