Greencore Group (OTCMKTS:GNCGY) Shares Gap Up – Time to Buy?

Greencore Group (OTCMKTS:GNCGY – Get Free Report)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $15.65, but opened at $16.45. Greencore Group shares last traded at $16.45, with a volume of 1,783 shares changing hands.

Greencore Group Stock Up 5.1%

The firm’s 50 day simple moving average is $14.57 and its two-hundred day simple moving average is $13.04. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.74 and a quick ratio of 0.64.

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.

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