Cranswick plc (LON:CWK) Insider Buys £147.45 in Stock

Cranswick plc (LON:CWK - Get Free Report) insider Christopher Aldersley bought 3 shares of the firm's stock in a transaction dated Monday, December 23rd. The stock was purchased at an average cost of GBX 4,915 ($61.85) per share, for a total transaction of £147.45 ($185.54).

Cranswick Price Performance

LON:CWK traded down GBX 5 ($0.06) during trading hours on Friday, reaching GBX 4,860 ($61.16). 30,594 shares of the company were exchanged, compared to its average volume of 132,873. The business has a 50 day moving average of GBX 5,026.30 and a 200 day moving average of GBX 4,753.59. Cranswick plc has a 1-year low of GBX 3,728 ($46.91) and a 1-year high of GBX 5,260 ($66.19). The company has a debt-to-equity ratio of 13.88, a current ratio of 1.66 and a quick ratio of 1.02. The company has a market capitalization of £2.61 billion, a P/E ratio of 2,325.36, a P/E/G ratio of 2.62 and a beta of 0.44.

Cranswick Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, December 12th will be issued a dividend of GBX 25 ($0.31) per share. This represents a dividend yield of 0.49%. The ex-dividend date of this dividend is Thursday, December 12th. Cranswick's dividend payout ratio (DPR) is currently 4,306.22%.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a "buy" rating and issued a GBX 57 ($0.72) target price on shares of Cranswick in a research report on Tuesday, December 17th.

About Cranswick

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.