Wynnstay Group (LON:WYN) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

Wynnstay Group Plc (LON:WYN - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 343.28 ($4.66) and traded as high as GBX 370 ($5.03). Wynnstay Group shares last traded at GBX 362 ($4.92), with a volume of 27,510 shares changing hands.

Analysts Set New Price Targets

WYN has been the subject of several research reports. Canaccord Genuity Group lifted their price target on Wynnstay Group from GBX 430 ($5.84) to GBX 450 ($6.11) and gave the company a "buy" rating in a report on Tuesday, July 1st. Shore Capital reissued a "house stock" rating on shares of Wynnstay Group in a research note on Tuesday, July 1st.

Wynnstay Group Trading Up 1.0%

The company has a debt-to-equity ratio of 11.53, a current ratio of 2.00 and a quick ratio of 1.03. The company has a market cap of £84.35 million, a price-to-earnings ratio of 13.59 and a beta of 0.58. The business has a 50 day simple moving average of GBX 344.16 and a 200 day simple moving average of GBX 318.02.

Wynnstay Group (LON:WYN - Get Free Report) last posted its quarterly earnings data on Tuesday, July 1st. The company reported GBX 18.10 ($0.25) EPS for the quarter. Wynnstay Group had a return on equity of 4.69% and a net margin of 0.97%. As a group, equities analysts forecast that Wynnstay Group Plc will post 24.9054054 EPS for the current year.

Insiders Place Their Bets

In other news, insider David Christensen bought 3,000 shares of the company's stock in a transaction dated Tuesday, April 29th. The stock was bought at an average price of GBX 325 ($4.42) per share, for a total transaction of £9,750 ($13,245.48). Also, insider Catherine Bradshaw bought 4,000 shares of the company's stock in a transaction dated Wednesday, July 2nd. The shares were purchased at an average price of GBX 381 ($5.18) per share, with a total value of £15,240 ($20,703.71). 26.31% of the stock is currently owned by insiders.

About Wynnstay Group

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.