McBride (LON:MCB) Stock Price Up 23.1% – Still a Buy?

McBride plc (LON:MCBGet Free Report)’s stock price traded up 23.1% during trading on Friday . The company traded as high as GBX 214.10 and last traded at GBX 206. Approximately 2,355,904 shares were traded during trading, an increase of 442% from the average session volume of 435,018 shares. The stock had previously closed at GBX 167.40.

McBride Trading Up 23.1%

The company’s 50 day simple moving average is GBX 160.72 and its two-hundred day simple moving average is GBX 156.49. The company has a quick ratio of 0.54, a current ratio of 0.95 and a debt-to-equity ratio of 145.77. The company has a market capitalization of £350.18 million, a price-to-earnings ratio of 12.19, a P/E/G ratio of -0.36 and a beta of 1.49.

Insiders Place Their Bets

In related news, insider Christopher Ian Charles Smith sold 246,450 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of GBX 145, for a total transaction of £357,352.50. 29.46% of the stock is currently owned by company insiders.

About McBride

(Get Free Report)

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.

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