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Greencore Group (OTCMKTS:GNCGY) Trading Down 6.9% - Should You Sell?

Greencore Group logo with Consumer Staples background

Key Points

  • Greencore Group's stock price decreased by 6.9% on Thursday, dropping to $14.00 from a previous close of $15.04.
  • Approximately 100 shares were traded during midday, a significant increase of 45% compared to the average daily volume of 69 shares.
  • The company's financial metrics include a quick ratio of 0.54 and a debt-to-equity ratio of 0.28, indicating potential liquidity and leverage concerns.
  • Need better tools to track Greencore Group? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Greencore Group (OTCMKTS:GNCGY - Get Free Report) shares were down 6.9% during trading on Thursday . The stock traded as low as $14.00 and last traded at $14.00. Approximately 100 shares changed hands during trading, an increase of 45% from the average daily volume of 69 shares. The stock had previously closed at $15.04.

Greencore Group Price Performance

The firm's 50-day simple moving average is $12.39 and its 200 day simple moving average is $10.59. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.54 and a current ratio of 0.65.

Greencore Group Company Profile

(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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