Greencore Group plc (LON:GNC - Get Free Report) shot up 14.5% during mid-day trading on Thursday . The stock traded as high as GBX 209.50 ($2.60) and last traded at GBX 209.50 ($2.60). 12,261,158 shares were traded during trading, an increase of 180% from the average session volume of 4,381,122 shares. The stock had previously closed at GBX 183 ($2.27).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Greencore Group in a report on Thursday, January 30th.
View Our Latest Stock Report on GNC
Greencore Group Price Performance
The company has a 50 day moving average price of GBX 194.99 and a 200 day moving average price of GBX 192.09. 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 firm has a market cap of £944.81 million, a PE ratio of 2,105.70, a price-to-earnings-growth ratio of 0.10 and a beta of 1.19.
Greencore Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 9th were given a dividend of GBX 2 ($0.02) per share. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 1.01%. 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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