Free Trial

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

Greencore Group logo with Consumer Staples background

Key Points

  • Greencore Group's shares gapped down from a prior closing price of $14.14 to open at $12.50, indicating a significant market movement.
  • The company has a debt-to-equity ratio of 0.28 and reported a current ratio of 0.65, suggesting relatively stable financials.
  • Greencore Group manufactures a variety of convenience food products including sandwiches, salads, and chilled meals mainly in the UK and Ireland.
  • Five stocks we like better than Greencore Group.

Greencore Group (OTCMKTS:GNCGY - Get Free Report)'s share price gapped down prior to trading on Thursday . The stock had previously closed at $14.14, but opened at $12.50. Greencore Group shares last traded at $12.50, with a volume of 128 shares traded.

Greencore Group Price Performance

The company has a debt-to-equity ratio of 0.28, a current ratio of 0.65 and a quick ratio of 0.54. The company's 50 day moving average is $13.94 and its 200-day moving average is $11.63.

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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Greencore Group Right Now?

Before you consider Greencore Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Greencore Group wasn't on the list.

While Greencore Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.