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Greencore Group (OTCMKTS:GNCGY) Shares Up 42.8% - Still a Buy?

Greencore Group logo with Consumer Staples background

Greencore Group plc (OTCMKTS:GNCGY - Get Free Report)'s share price shot up 42.8% during trading on Thursday . The company traded as high as $12.73 and last traded at $12.23. 2,946 shares traded hands during mid-day trading, an increase of 995% from the average session volume of 269 shares. The stock had previously closed at $8.56.

Greencore Group Price Performance

The business has a fifty day simple moving average of $9.39 and a 200 day simple moving average of $9.86. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.70 and a quick ratio of 0.57.

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.

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