Cranswick plc Declares Dividend of GBX 25 (LON:CWK)

Cranswick plc (LON:CWK - Get Free Report) declared a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 25 ($0.31) per share on Friday, January 24th. This represents a yield of 0.49%. The ex-dividend date of this dividend is Thursday, December 12th. The official announcement can be viewed at this link.

Cranswick Trading Down 3.7 %

Shares of Cranswick stock traded down GBX 190 ($2.39) during mid-day trading on Tuesday, hitting GBX 4,880 ($61.29). The stock had a trading volume of 199,312 shares, compared to its average volume of 135,540. The firm has a market cap of £2.62 billion, a P/E ratio of 2,315.79, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. 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 firm has a 50-day moving average of GBX 5,007.85 and a two-hundred day moving average of GBX 4,666.65. Cranswick has a 12-month low of GBX 3,728 ($46.82) and a 12-month high of GBX 5,260 ($66.06).

Insider Buying and Selling

In related news, insider Mark Bottomley sold 430 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of GBX 4,658 ($58.50), for a total value of £20,029.40 ($25,156.24). Also, 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 ($61.67), for a total value of £810,150 ($1,017,520.72). 4.54% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Shore Capital reissued a "house stock" rating on shares of Cranswick in a research report on Monday, July 29th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 50 ($0.63) price target on shares of Cranswick in a research report on Monday, July 29th.

Cranswick Company Profile

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.