Greencore Group plc (LON:GNC - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 190.53 ($2.33) and traded as low as GBX 171 ($2.09). Greencore Group shares last traded at GBX 176.80 ($2.16), with a volume of 1,277,764 shares changing hands.
Analysts Set New Price Targets
Separately, Shore Capital restated a "house stock" rating on shares of Greencore Group in a research report on Wednesday, December 4th.
Read Our Latest Analysis on GNC
Greencore Group Stock Up 2.8 %
The firm has a market cap of £815.72 million, a PE ratio of 1,818.00, a price-to-earnings-growth ratio of 0.10 and a beta of 1.19. The company has a quick ratio of 0.62, a current ratio of 0.79 and a debt-to-equity ratio of 78.73. The business has a 50-day moving average price of GBX 199.18 and a two-hundred day moving average price of GBX 190.53.
Greencore Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Thursday, January 9th will be paid a dividend of GBX 2 ($0.02) per share. The ex-dividend date is Thursday, January 9th. This represents a dividend yield of 1.01%. Greencore Group's payout ratio is 6,000.00%.
Greencore Group Company Profile
(
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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.
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