Glanbia (LON:GLB) Reaches New 12-Month High – Still a Buy?

Glanbia plc (LON:GLBGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 24.20 and last traded at GBX 24.07, with a volume of 38044 shares traded. The stock had previously closed at GBX 23.94.

Glanbia Price Performance

The company has a market capitalization of £58.17 million, a P/E ratio of 0.33, a PEG ratio of 8.32 and a beta of 0.52. The company has a quick ratio of 0.85, a current ratio of 1.36 and a debt-to-equity ratio of 58.40. The business has a 50 day simple moving average of GBX 20.42 and a 200-day simple moving average of GBX 17.66.

Insider Activity at Glanbia

In other news, insider Hugh McGuire sold 43,956 shares of Glanbia stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of GBX 2,061, for a total transaction of £905,933.16. Insiders own 1.29% of the company’s stock.

Glanbia Company Profile

(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.

Further Reading

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