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Greencore Group (LON:GNC) Shares Up 11% - Here's Why

Greencore Group logo with Consumer Defensive background

Greencore Group plc (LON:GNC - Get Free Report)'s stock price rose 11% during trading on Tuesday . The company traded as high as GBX 270.50 ($3.65) and last traded at GBX 267.48 ($3.61). Approximately 3,624,554 shares traded hands during mid-day trading, an increase of 45% from the average daily volume of 2,497,136 shares. The stock had previously closed at GBX 241 ($3.26).

Greencore Group Trading Up 1.1%

The company has a debt-to-equity ratio of 55.60, a quick ratio of 0.62 and a current ratio of 0.70. The company's 50-day moving average price is GBX 227.40 and its 200-day moving average price is GBX 201.09. The firm has a market capitalization of £1.21 billion, a PE ratio of 25.14, a PEG ratio of 0.10 and a beta of 1.19.

Greencore Group Company Profile

(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

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