Greencore Group plc (LON:GNC - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 190.22 ($2.35) and traded as low as GBX 189.40 ($2.34). Greencore Group shares last traded at GBX 191.60 ($2.37), with a volume of 845,421 shares.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. Shore Capital reissued a "house stock" rating on shares of Greencore Group in a research note on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft restated a "sell" rating and set a GBX 130 ($1.61) price objective on shares of Greencore Group in a research note on Thursday, September 12th.
Check Out Our Latest Stock Analysis on Greencore Group
Greencore Group Stock Performance
The company has a market capitalization of £839.05 million, a PE ratio of 1,870.00, a price-to-earnings-growth ratio of 0.10 and a beta of 1.19. The company has a current ratio of 0.79, a quick ratio of 0.62 and a debt-to-equity ratio of 78.73. The business's fifty day moving average is GBX 201.89 and its two-hundred day moving average is GBX 190.34.
Greencore Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th will be paid a GBX 2 ($0.02) dividend. This represents a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, January 9th. Greencore Group's dividend payout ratio is currently 6,000.00%.
About Greencore Group
(
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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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