Greencore Group (LON:GNC) Hits New 12-Month High - Still a Buy?

Greencore Group plc (LON:GNC - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 239 ($3.25) and last traded at GBX 231.50 ($3.15), with a volume of 1052086 shares changing hands. The stock had previously closed at GBX 233.50 ($3.17).

Wall Street Analysts Forecast Growth

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

Greencore Group Trading Down 0.9%

The company has a current ratio of 0.70, a quick ratio of 0.62 and a debt-to-equity ratio of 55.60. The company has a 50-day simple moving average of GBX 216.55 and a 200 day simple moving average of GBX 197.70. The firm has a market cap of £1.01 billion, a PE ratio of 20.94, a price-to-earnings-growth ratio of 0.10 and a beta of 1.19.

About Greencore Group

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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