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Greencore Group (LON:GNC) Shares Up 11% - Should You Buy?

Greencore Group logo with Consumer Defensive background

Greencore Group plc (LON:GNC - Get Free Report) shares traded up 11% during mid-day trading on Tuesday . The company traded as high as GBX 270.50 ($3.64) and last traded at GBX 267.48 ($3.59). 3,624,554 shares were traded during trading, an increase of 45% from the average session volume of 2,497,136 shares. The stock had previously closed at GBX 241 ($3.24).

Greencore Group Stock 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 has a 50-day simple moving average of GBX 230.65 and a two-hundred day simple moving average of GBX 202.23. The stock has a market capitalization of £1.18 billion, a P/E ratio of 24.51, 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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