Wynnstay Group (LON:WYN) Insider David Christensen Purchases 3,000 Shares

Key Points

• David Christensen, an insider at Wynnstay Group, purchased 3,000 shares of the company's stock at an average price of GBX 360, totaling £10,800.
• Wynnstay Group's stock increased by 3.4% on October 6th, reaching GBX 367, with a total of 26,417 shares traded.
• Analysts have an average rating of "Buy" for Wynnstay Group, with a target price increase to GBX 450 from Canaccord Genuity Group.

Wynnstay Group Plc (LON:WYN - Get Free Report) insider David Christensen purchased 3,000 shares of the firm's stock in a transaction on Monday, October 6th. The stock was acquired at an average cost of GBX 360 per share, for a total transaction of £10,800.

Wynnstay Group Trading Up 3.4%

WYN stock traded up GBX 12 on Monday, hitting GBX 367. 26,417 shares of the company were exchanged, compared to its average volume of 37,514. The stock has a market capitalization of £84.66 million, a price-to-earnings ratio of 2,273.85 and a beta of 0.58. The business's fifty day moving average is GBX 367.32 and its two-hundred day moving average is GBX 344.61. Wynnstay Group Plc has a twelve month low of GBX 272.11 and a twelve month high of GBX 385. The company has a debt-to-equity ratio of 11.53, a current ratio of 2.00 and a quick ratio of 1.03.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on WYN shares. Shore Capital reiterated a "house stock" rating on shares of Wynnstay Group in a report on Tuesday, July 1st. Canaccord Genuity Group lifted their target price on shares of Wynnstay Group from GBX 430 to GBX 450 and gave the company a "buy" rating in a report on Tuesday, July 1st. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Wynnstay Group currently has an average rating of "Buy" and an average target price of GBX 450.

Wynnstay Group Company Profile

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition. Wynnstay supplies both direct-to-farm and via its extensive network of depots.

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