Cranswick (LON:CWK) Reaches New 12-Month High at $4,330.00

Cranswick plc (LON:CWK - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 4,330 ($54.40) and last traded at GBX 4,330 ($54.40), with a volume of 56540 shares changing hands. The stock had previously closed at GBX 4,300 ($54.02).

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CWK shares. Shore Capital reissued a "house stock" rating on shares of Cranswick in a research report on Tuesday, April 2nd. Redburn Partners began coverage on Cranswick in a research note on Wednesday, March 20th. They set a "buy" rating and a GBX 4,900 ($61.56) target price on the stock. Finally, Berenberg Bank upped their target price on Cranswick from GBX 4,694 ($58.97) to GBX 4,921 ($61.82) and gave the company a "buy" rating in a research report on Wednesday, January 31st. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 4,405.25 ($55.34).

Cranswick Stock Up 1.6 %

The stock has a market capitalization of £2.36 billion, a PE ratio of 1,838.30, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The company has a debt-to-equity ratio of 19.32, a current ratio of 1.81 and a quick ratio of 1.02. The business's fifty day moving average price is GBX 4,114.15 and its two-hundred day moving average price is GBX 3,939.79.

Insider Activity

In other Cranswick news, insider Christopher Aldersley sold 1,330 shares of the stock in a transaction dated Monday, March 25th. The stock was sold at an average price of GBX 4,090 ($51.38), for a total transaction of £54,397 ($68,337.94). In other news, insider Mark Bottomley sold 400 shares of the firm's stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of GBX 4,184 ($52.56), for a total transaction of £16,736 ($21,025.13). Also, insider Christopher Aldersley sold 1,330 shares of the company's stock in a transaction dated Monday, March 25th. The stock was sold at an average price of GBX 4,090 ($51.38), for a total value of £54,397 ($68,337.94). Corporate insiders own 4.49% of the company's stock.

Cranswick Company Profile

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.