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

Key Points

• Greencore Group's share price experienced a significant drop, opening at $14.00 after closing at $15.04, representing a gap down prior to trading on Wednesday.
• The stock is currently down 6.9% with a trading volume of 100 shares, while its 50-day moving average stands at $12.00.
• Greencore Group plc specializes in manufacturing and selling convenience food products across the UK and Ireland, including sandwiches, sushi, and chilled meals.

Shares of Greencore Group (OTCMKTS:GNCGY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $15.04, but opened at $14.00. Greencore Group shares last traded at $14.00, with a volume of 100 shares trading hands.

Greencore Group Stock Performance

The firm's 50 day moving average price is $12.30 and its 200-day moving average price is $10.56. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.65 and a quick ratio of 0.54.

About Greencore Group

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.