Greencore Group plc (LON:GNC - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 192.39 ($2.56) and traded as low as GBX 186.20 ($2.48). Greencore Group shares last traded at GBX 189 ($2.52), with a volume of 367,468 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a "house stock" rating on shares of Greencore Group in a research note on Monday, March 17th.
Read Our Latest Report on Greencore Group
Greencore Group Price Performance
The business has a 50 day moving average of GBX 181.57 and a 200 day moving average of GBX 192.39. The company has a market cap of £821.72 million, a PE ratio of 17.07, a price-to-earnings-growth ratio of 0.10 and a beta of 1.19. The company has a debt-to-equity ratio of 55.60, a current ratio of 0.70 and a quick ratio of 0.62.
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Greencore Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Greencore Group wasn't on the list.
While Greencore Group currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
