Jim Brisby Sells 16,500 Shares of Cranswick (LON:CWK) Stock

Cranswick plc (LON:CWK) insider Jim Brisby sold 16,500 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of GBX 5,533, for a total transaction of £912,945.

Cranswick Stock Down 0.2%

Shares of LON:CWK traded down GBX 10 during trading on Friday, hitting GBX 5,520. 124,878 shares of the company were exchanged, compared to its average volume of 379,096. The stock has a market capitalization of £2.95 billion, a P/E ratio of 20.40, a PEG ratio of 2.62 and a beta of 0.56. The company has a debt-to-equity ratio of 23.60, a current ratio of 1.76 and a quick ratio of 1.02. Cranswick plc has a 12-month low of GBX 4,805 and a 12-month high of GBX 5,620. The firm’s 50 day moving average price is GBX 5,278.35 and its 200-day moving average price is GBX 5,167.63.

Cranswick (LON:CWK) last announced its earnings results on Tuesday, May 19th. The company reported GBX 301.70 EPS for the quarter. The business had revenue of GBX 298.25 billion for the quarter. Cranswick had a net margin of 5.31% and a return on equity of 14.99%. On average, research analysts predict that Cranswick plc will post 258.5590189 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on CWK. Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a research note on Tuesday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 62 price objective on shares of Cranswick in a research note on Wednesday. Berenberg Bank reissued a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a research note on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 6,100 price objective on shares of Cranswick in a research note on Wednesday. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cranswick presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,358.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.