Free Trial

Greggs (LON:GRG) Hits New 1-Year Low - Here's Why

Greggs logo with Consumer Cyclical background

Greggs plc (LON:GRG - Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 2,340 ($28.79) and last traded at GBX 2,388 ($29.38), with a volume of 544154 shares trading hands. The stock had previously closed at GBX 2,626 ($32.31).

Greggs Price Performance

The company has a debt-to-equity ratio of 66.19, a quick ratio of 0.88 and a current ratio of 0.80. The stock's fifty day moving average price is GBX 2,737.99 and its 200-day moving average price is GBX 2,898.07. The firm has a market cap of £2.28 billion, a PE ratio of 1,676.30, a P/E/G ratio of 3.39 and a beta of 1.43.

Insiders Place Their Bets

In other Greggs news, insider Roisin Currie acquired 14 shares of the firm's stock in a transaction that occurred on Wednesday, October 23rd. The shares were acquired at an average cost of GBX 2,886 ($35.51) per share, for a total transaction of £404.04 ($497.16). 5.89% of the stock is currently owned by company insiders.

About Greggs

(Get Free Report)

Greggs is a leading UK food-on-the-go retailer with more than 2,400 shops nationwide and approximately 32,000 employees across the business. As a food-on-the-go retailer, Greggs specialises in daily fresh shop-made sandwiches, and savouries baked fresh in the shop ovens throughout the day. These are further complemented by popular products and ranges including freshly ground coffee, breakfast, confectionery and evening menu items.

Read More

Should You Invest $1,000 in Greggs Right Now?

Before you consider Greggs, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Greggs wasn't on the list.

While Greggs currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025

7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025

While 2025 may not deliver massive returns, so MarketBeat analyst Chris Markoch shares his list of seven stocks primed for consistent performance.

Related Videos

The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Small Caps, Financials & Bitcoin Lead the Rising Bull Market: Chris Rowe’s Top Picks
Massive Market Moves Following Trump Win: Tesla, JP Morgan, & Bitcoin Soar

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines