Greggs plc (LON:GRG - Get Free Report) shares were down 14.5% during trading on Friday . The company traded as low as GBX 2,210 ($26.98) and last traded at GBX 2,246.25 ($27.43). 1,652,230 shares were traded during mid-day trading, an increase of 316% from the average session volume of 397,330 shares. The stock had previously closed at GBX 2,626 ($32.06).
Greggs Stock Down 5.8 %
The firm has a 50 day moving average price of GBX 2,728.08 and a 200-day moving average price of GBX 2,893.76. The company has a debt-to-equity ratio of 66.19, a current ratio of 0.80 and a quick ratio of 0.88. The firm has a market cap of £2.11 billion, a price-to-earnings ratio of 1,553.73, a price-to-earnings-growth ratio of 3.39 and a beta of 1.43.
Insider Buying and Selling at Greggs
In other Greggs news, insider Roisin Currie purchased 14 shares of the stock in a transaction on Wednesday, October 23rd. The stock was bought at an average cost of GBX 2,886 ($35.24) per share, for a total transaction of £404.04 ($493.33). Corporate insiders own 5.89% of the company's stock.
About Greggs
(
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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.
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