Greencore Group (LON:GNC) Hits New 1-Year High at $116.30

Shares of Greencore Group plc (LON:GNC) reached a new 52-week high on Tuesday . The company traded as high as GBX 116.30 ($1.47) and last traded at GBX 115.30 ($1.46), with a volume of 490860 shares changing hands. The stock had previously closed at GBX 112.90 ($1.43).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Greencore Group in a research report on Thursday, January 25th.

Greencore Group Trading Up 0.2 %

The stock has a market cap of £550.49 million, a P/E ratio of 1,677.14, a P/E/G ratio of 0.10 and a beta of 1.16. The company has a debt-to-equity ratio of 68.62, a quick ratio of 0.62 and a current ratio of 0.69. The stock has a 50-day moving average price of GBX 103.98 and a 200-day moving average price of GBX 95.13.

Insider Buying and Selling

In other news, insider Anne O’Leary bought 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was bought at an average price of GBX 105 ($1.33) per share, for a total transaction of £52,500 ($66,346.52). In related news, insider Harshitkumar (Hetal) Shah acquired 40,394 shares of the stock in a transaction on Monday, January 8th. The stock was purchased at an average price of GBX 98 ($1.24) per share, for a total transaction of £39,586.12 ($50,026.69). Also, insider Anne O’Leary bought 50,000 shares of Greencore Group stock in a transaction dated Tuesday, February 20th. The shares were acquired at an average cost of GBX 105 ($1.33) per share, for a total transaction of £52,500 ($66,346.52). Insiders bought 140,394 shares of company stock worth $14,208,612 in the last quarter. 2.13% of the stock is owned by insiders.

Greencore Group Company Profile

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.