Greencore Group (LON:GNC) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Greencore Group logo with Consumer Defensive background

Greencore Group plc (LON:GNC - Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 191.08 ($2.36) and traded as low as GBX 184.20 ($2.28). Greencore Group shares last traded at GBX 184.40 ($2.28), with a volume of 1,076,746 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Greencore Group in a research report on Wednesday, December 4th.

Check Out Our Latest Stock Analysis on GNC

Greencore Group Trading Up 0.3 %

The firm has a market capitalization of £830.08 million, a PE ratio of 1,850.00, a price-to-earnings-growth ratio of 0.10 and a beta of 1.19. The business's 50-day moving average price is GBX 196.25 and its 200-day moving average price is GBX 191.11. The company has a debt-to-equity ratio of 78.73, a current ratio of 0.79 and a quick ratio of 0.62.

Greencore Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th will be paid a dividend of GBX 2 ($0.02) per share. The ex-dividend date of this dividend is Thursday, January 9th. This represents a dividend yield of 1.01%. Greencore Group's dividend payout ratio (DPR) is 6,000.00%.

About Greencore Group

(Get Free Report)

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Excellence and Sustainability – The Greencore Way describes both who we are and how we will succeed. We supply all of the major supermarkets in the UK.

See Also

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