Greencore Group (LON:GNC) Shares Up 10.6% - Here's What Happened

Shares of Greencore Group plc (LON:GNC - Get Free Report) shot up 10.6% on Tuesday . The company traded as high as GBX 268 ($3.62) and last traded at GBX 266.50 ($3.60). 149,611,344 shares traded hands during trading, an increase of 4,126% from the average session volume of 3,539,899 shares. The stock had previously closed at GBX 241 ($3.26).

Greencore Group Trading Down 2.7%

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 business's fifty day simple moving average is GBX 229.17 and its two-hundred day simple moving average is GBX 201.68. The company has a market cap of £1.18 billion, a price-to-earnings ratio of 24.51, a PEG ratio of 0.10 and a beta of 1.19.

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.