Cranswick (LON:CWK) Shares Cross Above 200-Day Moving Average - Should You Sell?

Cranswick plc (LON:CWK - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 4,868.07 ($61.70) and traded as high as GBX 4,950 ($62.74). Cranswick shares last traded at GBX 4,930 ($62.48), with a volume of 68,387 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "house stock" rating on shares of Cranswick in a research report on Tuesday, January 21st.

Cranswick Trading Down 0.9 %

The stock has a 50-day simple moving average of GBX 4,902.73 and a 200 day simple moving average of GBX 4,874.67. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 13.98. The company has a market cap of £2.63 billion, a price-to-earnings ratio of 23.20, a PEG ratio of 2.62 and a beta of 0.44.

Cranswick (LON:CWK - Get Free Report) last posted its earnings results on Tuesday, November 26th. The company reported GBX 132.10 ($1.67) earnings per share (EPS) for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. As a group, equities research analysts predict that Cranswick plc will post 258.5590189 EPS for the current fiscal year.

Cranswick Company Profile

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers. Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.