Greencore Group (OTCMKTS:GNCGY) Stock Price Up 10% - Time to Buy?

Key Points

• Greencore Group's stock price increased by 10% during mid-day trading on Thursday, closing at $13.75 after previously closing at $12.50.
• There was a significant rise in trading volume, with approximately 704 shares changing hands, an increase of 2,474% compared to the average daily volume of 27 shares.
• The company, based in the UK and Ireland, specializes in manufacturing and selling convenience food products, including sandwiches, salads, and ready meals.

Greencore Group (OTCMKTS:GNCGY - ) shares rose 10% during mid-day trading on Thursday . The stock traded as high as $13.75 and last traded at $13.75. Approximately 704 shares changed hands during trading, an increase of 2,474% from the average daily volume of 27 shares. The stock had previously closed at $12.50.

Greencore Group Trading Up 10.0%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.54 and a current ratio of 0.65. The company's 50 day simple moving average is $13.51 and its 200-day simple moving average is $11.94.

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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