Greencore Group (OTCMKTS:GNCGY) Shares Gap Down – Here’s Why

Greencore Group (OTCMKTS:GNCGY – Get Free Report)’s stock price gapped down before the market opened on Monday. The stock had previously closed at $16.96, but opened at $16.2750. Greencore Group shares last traded at $16.2750, with a volume of 350 shares traded.

Greencore Group Stock Performance

The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 0.74. The company’s 50-day moving average price is $14.54 and its 200-day moving average price is $13.03.

About Greencore Group

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Greencore Group is an Irish food manufacturer focused on convenience foods, with most of its operations serving the United Kingdom. Its products include sandwiches, salads, sushi, chilled ready meals, soups, sauces, quiches and desserts.

The company supplies grocery and convenience retailers, as well as foodservice customers. Its manufacturing and distribution operations support the production and delivery of fresh and chilled foods across the UK and Ireland.

Greencore was established in 1991 as the successor to the Irish Sugar company and later shifted its focus toward convenience foods.

Further Reading

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