Shares of Cranswick plc (LON:CWK - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4,626.18 ($59.53) and traded as high as GBX 5,104.16 ($65.68). Cranswick shares last traded at GBX 5,050 ($64.99), with a volume of 93,019 shares.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on CWK shares. Shore Capital reissued a "house stock" rating on shares of Cranswick in a research report on Monday, July 29th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 50 ($0.64) price objective on shares of Cranswick in a report on Monday, July 29th.
Check Out Our Latest Analysis on Cranswick
Cranswick Stock Performance
The company's 50 day moving average is GBX 4,957.89 and its 200 day moving average is GBX 4,626.18. The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.02 and a current ratio of 1.66. The stock has a market capitalization of £2.71 billion, a price-to-earnings ratio of 2,416.27, a PEG ratio of 2.62 and a beta of 0.44.
Insider Activity at Cranswick
In other news, insider Mark Bottomley sold 430 shares of the firm's stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of GBX 4,658 ($59.94), for a total transaction of £20,029.40 ($25,774.55). Also, insider Christopher Aldersley sold 16,500 shares of the company's stock in a transaction dated Friday, September 27th. The shares were sold at an average price of GBX 4,910 ($63.18), for a total transaction of £810,150 ($1,042,529.92). Corporate insiders own 4.54% of the company's stock.
About Cranswick
(
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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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