Greggs plc (LON:GRG - Get Free Report)'s share price fell 14.5% during trading on Friday . The stock traded as low as GBX 2,210 ($26.98) and last traded at GBX 2,246.25 ($27.43). 1,652,230 shares changed hands 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 Trading Down 5.8 %
The firm has a 50 day moving average price of GBX 2,728.08 and a two-hundred day moving average price of GBX 2,893.76. The company has a quick ratio of 0.88, a current ratio of 0.80 and a debt-to-equity ratio of 66.19. The company has a market cap of £2.11 billion, a price-to-earnings ratio of 1,553.73, a PEG ratio of 3.39 and a beta of 1.43.
Insider Buying and Selling at Greggs
In other Greggs news, insider Roisin Currie acquired 14 shares of the company's stock in a transaction on Wednesday, October 23rd. The shares were acquired at an average cost of GBX 2,886 ($35.24) per share, with a total value of £404.04 ($493.33). 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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