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Greencore Group (LON:GNC) Hits New 1-Year High - Time to Buy?

Greencore Group logo with Consumer Defensive background

Greencore Group plc (LON:GNC - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 239 ($3.22) and last traded at GBX 231.50 ($3.12), with a volume of 1052086 shares. The stock had previously closed at GBX 233.50 ($3.15).

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on GNC

Greencore Group Price Performance

The company has a quick ratio of 0.62, a current ratio of 0.70 and a debt-to-equity ratio of 55.60. The firm's fifty day moving average price is GBX 219.36 and its two-hundred day moving average price is GBX 198.38. The stock has a market capitalization of £1.01 billion, a PE ratio of 20.98, a PEG ratio of 0.10 and a beta of 1.19.

About Greencore Group

(Get Free Report)

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.

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