Cranswick plc (LON:CWK - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4,742.85 ($59.49) and traded as high as GBX 4,930 ($61.83). Cranswick shares last traded at GBX 4,865 ($61.02), with a volume of 13,984 shares changing hands.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reissued a "buy" rating and issued a GBX 57 ($0.71) price target on shares of Cranswick in a research report on Tuesday, December 17th.
Check Out Our Latest Stock Analysis on CWK
Cranswick Price Performance
The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.88. The stock's 50 day moving average price is GBX 5,034.90 and its two-hundred day moving average price is GBX 4,746.37. The firm has a market capitalization of £2.61 billion, a price-to-earnings ratio of 2,327.75, a P/E/G ratio of 2.62 and a beta of 0.44.
Cranswick Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, December 12th will be paid a GBX 25 ($0.31) dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 0.49%. Cranswick's dividend payout ratio (DPR) is currently 4,306.22%.
Insider Transactions at Cranswick
In related news, insider Christopher Aldersley sold 16,500 shares of Cranswick stock in a transaction on Friday, September 27th. The shares were sold at an average price of GBX 4,910 ($61.58), for a total value of £810,150 ($1,016,116.89). Company insiders own 4.54% of the company's stock.
Cranswick Company Profile
(
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Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.
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