Glanbia (LON:GLB) Stock Price Passes Above 50 Day Moving Average – Here’s Why

Glanbia plc (LON:GLBGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 14.44 and traded as high as GBX 15.80. Glanbia shares last traded at GBX 15, with a volume of 6,918 shares traded.

Glanbia Stock Performance

The company has a current ratio of 1.63, a quick ratio of 0.86 and a debt-to-equity ratio of 48.90. The company has a market cap of £36.38 million, a PE ratio of 0.32, a P/E/G ratio of 8.32 and a beta of 0.47. The business has a fifty day moving average of GBX 14.44 and a 200-day moving average of GBX 13.37.

About Glanbia

(Get Free Report)

We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.

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