Greencore Group (OTCMKTS:GNCGY) Shares Gap Down - What's Next?

Key Points

• Greencore Group's shares opened lower at $13.30 after closing at $13.75, marking a decline of 3.3% in trading.
• The company has a **current ratio** of 0.65 and a **debt-to-equity ratio** of 0.28, indicating a relatively low liquidity position.
• Greencore Group operates in the **convenience food sector**, producing a variety of chilled and ambient food products in the UK and Ireland.

Shares of Greencore Group (OTCMKTS:GNCGY - ) gapped down prior to trading on Monday . The stock had previously closed at $13.75, but opened at $13.30. Greencore Group shares last traded at $13.30, with a volume of 804 shares.

Greencore Group Trading Down 3.3%

The company has a current ratio of 0.65, a quick ratio of 0.54 and a debt-to-equity ratio of 0.28. The stock's 50 day moving average is $13.50 and its 200 day moving average is $12.00.

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.

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