Greencore Group (LON:GNC) Hits New 52-Week High - What's Next?

Greencore Group plc (LON:GNC - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 236 ($3.20) and last traded at GBX 232.78 ($3.16), with a volume of 2687170 shares trading hands. The stock had previously closed at GBX 228 ($3.10).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a "house stock" rating on shares of Greencore Group in a research note on Monday, March 17th.

Greencore Group Stock Down 2.5%

The business's 50 day moving average is GBX 198.57 and its 200-day moving average is GBX 195.14. The stock has a market cap of £998.86 million, a price-to-earnings ratio of 20.76, a PEG ratio of 0.10 and a beta of 1.19. The company has a debt-to-equity ratio of 55.60, a quick ratio of 0.62 and a current ratio of 0.70.

Greencore Group Company Profile

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed. We supply all of the major supermarkets in the UK.