Greggs plc (LON:GRG - Get Free Report) shares fell 14.6% during trading on Thursday . The company traded as low as GBX 2,238 ($27.54) and last traded at GBX 2,241.68 ($27.58). 1,479,823 shares were traded during mid-day trading, an increase of 301% from the average session volume of 368,595 shares. The stock had previously closed at GBX 2,626 ($32.31).
Greggs Price Performance
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 stock has a market cap of £2.28 billion, a P/E ratio of 1,676.30, a P/E/G ratio of 3.39 and a beta of 1.43. The firm has a 50 day moving average price of GBX 2,737.99 and a 200 day moving average price of GBX 2,898.07.
Insider Buying and Selling
In other news, insider Roisin Currie bought 14 shares of the company's stock in a transaction that occurred on Wednesday, October 23rd. The stock was bought at an average price of GBX 2,886 ($35.51) per share, with a total value of £404.04 ($497.16). 5.89% of the stock is currently owned by insiders.
Greggs Company Profile
(
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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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