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Greencore Group (OTCMKTS:GNCGY) Shares Down 11.6% - Here's What Happened

Greencore Group logo with Consumer Staples background

Key Points

  • Greencore Group's shares fell by 11.6%, closing at $12.50 after trading at a previous high of $14.14.
  • Trading volume for the day was approximately 204 shares, which represents a 39% decrease from the average daily volume of 335 shares.
  • The company's financial ratios indicate potential liquidity issues, with a quick ratio of 0.54 and a current ratio of 0.65.
  • Interested in Greencore Group? Here are five stocks we like better.

Greencore Group (OTCMKTS:GNCGY - Get Free Report) dropped 11.6% during trading on Friday . The stock traded as low as $12.50 and last traded at $12.50. Approximately 204 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 335 shares. The stock had previously closed at $14.14.

Greencore Group Trading Down 11.6%

The company has a quick ratio of 0.54, a current ratio of 0.65 and a debt-to-equity ratio of 0.28. The firm's 50 day moving average is $13.95 and its 200 day moving average is $11.65.

About Greencore Group

(Get Free Report)

Greencore Group plc, together with its subsidiaries, manufactures and sells convenience food products in the United Kingdom and Ireland. The company offers sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings.

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