McBride plc (LON:MCB – Get Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 179.72 and traded as high as GBX 181.60. McBride shares last traded at GBX 180.80, with a volume of 217,876 shares traded.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 275 target price on shares of McBride in a research note on Wednesday, October 28th. Two equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 232.50.
McBride Trading Up 0.3%
The company has a market cap of £300.23 million, a PE ratio of 10.73, a PEG ratio of -0.36 and a beta of 1.51. The company has a current ratio of 1.10, a quick ratio of 0.54 and a debt-to-equity ratio of 169.22. The stock has a 50 day moving average price of GBX 179.72 and a 200 day moving average price of GBX 162.90.
McBride (LON:MCB – Get Free Report) last issued its quarterly earnings results on Tuesday, September 15th. The company reported GBX 21.60 earnings per share for the quarter. McBride had a return on equity of 28.68% and a net margin of 3.21%. Sell-side analysts predict that McBride plc will post 19.23 EPS for the current fiscal year.
Insider Buying and Selling
In other news, insider Mark Strickland sold 527,268 shares of the business’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of GBX 179, for a total transaction of £943,809.72. Corporate insiders own 30.96% of the company’s stock.
McBride Company Profile
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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